| Bangalore is on the lines of becoming a world class | | | | Repository (DUSR), Digital Urban Monitoring and Land |
| city in terms of regulated and sustainable urban | | | | Management information system (DUM & LMIS), |
| development all across. The Bangalore Development | | | | Bangalore will transform into more efficient, |
| Authority (BDA) is operating to reshape the planning | | | | competitive city in the global arena. The project |
| and implementation processes to meet the | | | | would include improvement in land use, social and |
| international standards. | | | | physical infrastructure, housing demands, public utilities |
| A positive impact would definitely be on the real | | | | and advancement in civic amenities required for |
| estate markets of Bangalore once plans started | | | | descent lifestyle of international standard. |
| turning into reality. Bangalore will become first Indian | | | | This will attract large number of foreign investors |
| city to meet international standards. Up gradation in | | | | who would like to buy a property in the city and |
| urban planning and development using GIS tools and | | | | make investments and further boost the property |
| latest digital technologies will convert Bangalore's | | | | values. |
| current unstructured market into a structured and | | | | The new plan ensures regulated and advantageous |
| organized one. | | | | urbanization with the main objective of sustainable |
| As a result Bangalore property values are going to | | | | development. Property values are directly related to |
| increase substantially while the markets consolidate | | | | city development thus future expansion will increase |
| with new developments. | | | | capital and rental value of the city. The new plan will |
| Bangalore New Master plan for 2021 envisages urban | | | | also help in ruling waste land to allocate it for better |
| renewal and redevelopment through implementation | | | | purpose and to make spatial transformation as per |
| of spatial data infrastructure. Bangalore development | | | | requirement. It also aims to optimize use of valuable |
| authority (BDA) is working on urban development | | | | resources and is cost effective and more accurate. |
| and management using latest scientific technologies | | | | Bangalore real estate market will transit and position |
| (GIS) to ensure a well planned and sustainable urban | | | | it internationally and will further set benchmarks for |
| growth and this will boom the Bangalore property | | | | Indian real estate, experts say. |
| market in the coming year. | | | | For more information on India Real Estate and Delhi |
| With implementation of Digital Urban Spatial | | | | Properties visit magicbricks. |