| October 3, 2007 | |
DLF is coming up with one of its biggest residential projects on the outskirts of Bangalore. To be christened as ‘Knowledge Park’, the complex is to build with the investment of Rs 60,000 crore. The state-of-the-art project is thrice the size of DLF City in Gurgaon.
The complex will be developed across the 9,000-acres of Bidadi, 30 km from Bangalore. The development charges for per acre of this self contained township will be over Rs 57 Lakh, and it is scheduled to be completed within 5 years.
To be developed on a walk-to-work theme, the complex will also have shopping malls, multiplexes, hotels, and serviced apartments. This Township is a 50:50 joint venture between Dubai based Limitless Holdings and the real estate giant DLF.
The project may have a dedicated metro rail connection to Bangalore City. BMRDA has plans to connect the Township to the new international airport at Devanahalli, a town situated at a distance of 39 km from Bangalore.
News Published Under: Real Estate Developers |
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