The Bengaluru Signature Business Park is an ambitious initiative by the Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) to establish a state-of-the-art commercial hub adjacent to Kempegowda International Airport in Devanahalli, Bengaluru. Spanning approximately 407 acres, this project aims to bolster Karnataka’s global business stature by attracting diverse industries and fostering innovation.
Signature Business Park Overview
| Feature | Description |
|---|---|
| Location |
6M7G+RVX, Boovanahalli, Karnataka 562157
|
| Total Area | Approximately 407 acres |
| Development Phases | Planned over multiple phases, with significant progress expected by 2024 |
| Master Developer | Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) |
| Key Components | Business District, MICE & Retail District, Design & Culture District, Innovation & Research District |
| Estimated Cost | INR 579.61 Crores for basic infrastructure development |
Google Maps Location
Facilities and Infrastructure
The Bengaluru Signature Business Park is designed to offer a comprehensive ecosystem for businesses, encompassing:
- Business District: Corporate offices, parks, malls with multiplexes, premium corporate parks, and clubs.
- MICE & Retail District: Bengaluru International Convention Center, media center, cultural museum, and high-street retail.
- Design & Culture District: Arts and crafts centers, design experience centers, and product launching facilities.
- Innovation & Research District: Research and Development centers, centers of excellence, incubation centers, and office buildings.
The infrastructure plan includes a 14.60 km road network, 26.42 km of stormwater drainage, water supply systems, sewage treatment plants, rainwater harvesting ponds, and solid waste management systems.
Timeline and Development Status
The project is structured in phases over approximately 30 years:
- Phase 1 (Years 1-10): Development of 41% of the area.
- Phase 2 (Years 11-15): Development of 14% of the area.
- Phase 3 (Years 16-20): Development of 13% of the area.
- Phase 4 (Years 21-25): Development of 12% of the area.
- Phase 5 (Years 26-30): Development of the remaining 20%.
The foundation stone was laid in February 2018, marking the commencement of the project.
As of March 2024, Assystem Stup has been appointed to lead the design and sustainable development plans, indicating significant progress.
Location and Connectivity
Strategically located near Kempegowda International Airport, the business park offers:
- Proximity to Major Transport Hubs: Immediate access to the international airport enhances global connectivity.
- Road Access: Connectivity via major highways and proposed elevated access flyovers to ensure seamless transportation.
- Public Transport: Plans for sustainable transportation solutions, including tram or electric bus networks, to reduce reliance on private vehicles.
Pros and Cons
While specific user reviews are not yet available due to the ongoing development, potential advantages and challenges can be anticipated:
Pros:
- Strategic Location: Adjacent to the international airport, facilitating ease of travel for business professionals.
- Comprehensive Facilities: A diverse range of amenities catering to various business needs.
- Sustainable Design: Incorporation of eco-friendly infrastructure and transportation solutions.
Cons:
- Extended Development Timeline: Full realization of the park’s potential will span several decades.
- Infrastructure Challenges: Ensuring seamless connectivity and support services during phased development.
The Bengaluru Signature Business Park represents a visionary effort to create a multifaceted business ecosystem in North Bengaluru. Its strategic location, coupled with a focus on sustainability and innovation, positions it as a future hub for global enterprises. However, stakeholders should remain cognizant of the extended development timeline and plan accordingly to leverage its full potential.
