Property at Devanahalli 20 Acres Suited for Eco/Medical Tourism Resorts Bangalore City Overview • Bangalore City Is the Capital of the State of Karnataka
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Property at Devanahalli 20 Acres Suited for Eco/Medical tourism resorts Bangalore City Overview • Bangalore City is the capital of the state of Karnataka. • Founded in the 16th century, it is the principal administrative, industrial, commercial, educational and cultural capital of Karnataka. • It is the fifth largest city in India and is stated to be the fastest growing city in Asia. • It is well connected by Air, Rail and Road transport to all the major cities in India. Bangalore City Overview • Area: 2,190 sq.km. • Population: 6.53 Million (2005) • Population Density: 2979 per sq.km. • Literacy Rate: 84% • Climate: Moderate: Pleasant and equable • Altitude:920 mts above sea level • Silicon valley of India: Driving the Technology boom in India since the early 1980s From Garden city to Silicon City • Bangalore’s tree-lined streets and abundant greenery have let to it being called the Garden City of India. • However since local entrepreneurs and the technology giant Texas Instruments discovered its potential as a high-tech city in the early 1980s, Bangalore has witnessed a major technology boom. • It is now home to more than 250 high-tech companies, including home grown giants such as Wipro and Infosys. Bangalore is popularly called the silicon city of India. • Tremendous opportunity opening up in the city have attracted a lot of talent pool into the city and the population has doubled in the past 5 years. Bangalore Advantage Experience All top MNC and high quality medical facility is available in the city with big names like Columbia Asia, Fortis, Narayana Hospitals, Jayadeva institute of cardiology, Kidwai memorial institute of Oncology, Jain group, Manipal group, Mallya, etc are just a few examples of Hospitals of Bangalore. Other than these there are multi specialty Hospitals which are location specific to Bangalore with good reputation for surgery and trauma care. In the field of naturopathy, Bangalore is in the fore front in the country with famous Jindal institute and Soukya which are giving residential treatment. Bangalore Advantage The Human resource Bangalore has been the nurturing venue for good number of Medical Doctors with the Karnataka state having the highest number of quality medical institutes offering degrees and post graduations. The city has been a dream destination to practice for Doctors of high repute for the simple reason that other than the local patients it has been a common phenomenon for the NRI and other non resident population to come down to Bangalore for Trauma care. Bangalore Advantage Physical Infrastructure Bangalore Metro Rail Project – Phase one expected in Q4- 2009 Peripheral Ring Road under construction to improve connectivity Road widening – Ring Roads and flyovers being constructed in all parts of the city Connectivity New International Airport to significantly improve connectivity to all major cities of the world. Well connected to USA, UK, other Asian countries and Middle East countries Other Key Highlights High urbanization rate. Consistently ranked 1st in IT exports in India. Approximately 38% of India’s total IT export from Bangalore. Available facilities for specialty medical treatment like organ transplants,oncological surgery, Cardiovascular treatments, renal transplants etc. Infrastructure - International Airport Bangalore International Airport Limited (BIAL) is a public limited company formed to build, own and operate the largest greenfield private sector airport in India – the Bangalore International Airport. Private Promoters hold a 74% stake in BIAL while the Government holds 26% Bangalore currently has the 4th largest airport in India and is amongst the fastest growing. The site of the upcoming International Airport covers an area of approximately 4000 acres. Total project cost of BIAL stands currently at INR 1,930 Cr. It is situated at Highway NH7, 30 km to the north of the city. Infrastructure - International Airport Fully functional Capacity: 11 Million passengers in the first year with the ability to handle 27 aircrafts per hour. It will be equipped to handle large capacity airplanes and cargo, effectively managing a future passenger traffic capacity of 40 million. Support Services: The Airport city coming up in the surroundings will have commercial, retail, hotel, leisure and medical tourism spaces. Infrastructure - Metro rail The INR – 6,207 crore Metro Rail Project has been accorded approval and the work has been initiated on ground The Rail Project which will be completed in about 3 years is aimed at decongesting the fast increasing traffic density in Bangalore. The Rail is to bring respite to the traffic in the central part of Bangalore which contains the CBD and non-CBD areas There will be adequate parking made available for private vehicles and feeder systems will be established by way of buses and coaches Infrastructure - Roads PRR will connect Tumkur road, Magadi road, Mysore road, Bellary road, Old madras road, Hosur road and Kanakapura road The project will be taken up in 2 phases. Phase I , covering 65km, will be from Tumkur road to Hosur road crossing, Bellary road, Old madras road, Varthur road nd Sarjapur road When completed it will cover all extremities of Bangalore, including the 5 satellite townships Bangalore Real Estate Overview Bangalore Future Growth Corridor • Good Infrastructure • Land availability • Planned Holistic growth -Commercial -Residential -Retail -Hospitality -Health care • Strong Supply Pipeline • Preferred location for mid to long term commitment • Consolidation and expansion opportunity in business park environment Proposed Land Details Proposed land details Property 20Acres land off Bangalore-Hyderabad Road (NH-&) Owner M/s. VRC Corp, Mr.Velu B Pethi Current use Vacant land fenced after Govt.Survey Surrounding NH-7 roads Area Details Land area 20Acres Title LSR from M/s. Law associates Bangalore giving crystal clear legal Marketable titles. Land use Permissible for Medical Tourism development activity, Hospital along with Nursing college etc. Road width Property is connected to NH-7 by 40 feet road (off NH-7 by 600 m) Proposed Project Summary The land area is 20 acres and with a effective FSI of 2.00 (The area falls under jurisdiction of BIAAPA The profiles of expected patients who could utilize the facility of medical tourism are 1) More number of patients who can afford the trauma care. This also includes the population of professionals who are out of India on assignments whose family is in India. 2) Retired senior citizens who have excelled in their professional life who have made Bangalore as their retirement home supposed to under go trauma care. 3) The international tourists who are coming to Bangalore for Trauma care,organ transplant Surgery etc. from mainly nations where the medical facility is either too costly or not available at all. Market opportunity • The proposed property is situated just 15 km from International Airport and about 45 kms from Vidhana Soudha and the site is ideal for development of developing premium Medical tourism cottages for post operative and trauma care with Nursing college attached to the project. • Site is with a good view of the Nandi hills. The area is famous for vineyards and some wineries are in close proximity. It has availability of all fresh air and surrounding required for the recovery of patients from trauma. • Prestige Builders Golf Shire is in close vicinity for the golfing enthusiasts with 18 holes Champion golfing facility designed by the PGA design consultancy which could also be used by the people staying here. Location Overview – Google Map Project Site and Location • The subject is located at Devenahalli in northern Bangalore a rapidly growing logistics and software hub with the International airport already in operation acting as a fuel for the growth. • The residential catchments of Yellhanka, Vidyaranyapura,Sahakaranagar Hebbal, Jakkur, Hennur road are all excellently connected and within a short distance from the subject site. • These micro markets constitute a major section of the HR pool in the north Bangalore • The subject land parcel is off the Bellary Road NH& connecting Bangalore and Hyderabad which is also well connected to the entire city by means of New airport road, elevated corridor up to the BIAL and also well connected to the rest of Karnataka. The time taken for travel at any point of time during the day between CBD and the site is not more than 45 minutes. • Spread over an area of 20 acres the subject site has an access to the national highway from all regional and local transport networks this property has a significant location advantage in the north Bangalore sub market Project Site and Location International airport 15km Railway Station 45km ITC Factoy 21km MG Road 46km Yelahanka 30km Project Site and Location Location Devanahalli Names of the villages covered Mudugurkhi, Huralagurkhi Total area 25 Acres Status Convertible land for Tourism Purpose Area It falls under BIAPPA limits Suitable for Medical Tourism development and associated Zone educational institutions. FAR 2.00 Property attached to NH7 (600m off NH7 Bangalore Road width Hyderabad road) connected by 40 Feet road For Further Details Contact VRC Corp 40/4, 2nd cross, Achhaih Shetty Layout (Above Classic automobiles, Near Mekhri circle) RMV Extension, Bangalore-560 010 Office: +91-080-23613775/76 Mr.Kumaar Velu, 9740349999, [email protected] Mr.Balaji Prasad, 9449324052, [email protected] Thank You.