Assetz Promise of Spring Devanahalli, Bangalore

Experts Discuss 'Demagnetizing' Bengaluru to Manage Growth and Traffic

Experts at the India Today Karnataka Summit 2026 discussed strategies to manage Bengaluru's rapid growth, suggesting a need to 'demagnetize' the city by decentralizing development to surrounding areas and promoting WFH. They highlighted that the city's infrastructure, particularly roads and public transport, is struggling to keep pace with population growth.

Greater Bengaluru Authority to Form Executive Committee for Civic Coordination

The Karnataka government will establish an Executive Committee under the Greater Bengaluru Authority (GBA) to enhance coordination among civic agencies, reduce repeated road digging, and streamline infrastructure projects. The committee will review project progress monthly. The expected impact is improved project execution.

Bengaluru to White-Top 450 km of Roads to Combat Potholes

Bengaluru Smart Infrastructure Ltd (B-SMILE) is developing a blueprint to white-top ( Cement plastering ) , an additional 450 kilometers of roads across the city at an estimated cost of Rs 30 billion. The project also includes improvements to footpaths, contributing to better urban infrastructure and commuter safety.

Bengaluru's Ancient Stormwater Network: A Solution to Flooding if Preserved

Bengaluru's five-century-old stormwater drain network (Rajakaluve) remains a viable solution for flood prevention, provided encroachments and fragmentation are addressed. The historical network, designed to link the city's tanks, is currently being narrowed by urban development, leading to waterlogging.

Karnataka Tweaks Land Policy to Secure Rs 3,600 Crore US Semiconductor Project

Karnataka has modified its land allotment policy to secure a Rs 3,600 crore semiconductor project by California-based Applied Materials. The company will be allotted 140 acres at the Bengaluru Signature Business Park (BSBP) near Kempegowda International Airport for an R&D and ecosystem development project.

Bengaluru Infrastructure Boost: Budget Allocations, and Project Plans

Bengaluru is set to receive a significant infrastructure boost through various initiatives. The Karnataka Budget 2026 has allocated ₹7,000 crore annually for Bengaluru's infrastructure and civic projects. Key projects include a ₹40,000 crore tunnel road network, expansion of the Namma Metro by 41 km, upgrades to the Outer Ring Road, and plans for a second airport to improve connectivity.

BDA Reclaims Encroached Land Across Bengaluru and Suburban Rail Link to Airport Gets Green Signal

BDA conducted demolition drives reclaiming encroached properties valued at over Rs 704.3 crore across South, North, and East Bengaluru, recovering more than 25 acres of land. These actions aim to free up land for public infrastructure and development projects. Indian Railways have agreed on a suburban rail link to the Airport (KIA). This project, part of the Majestic–Devanahalli corridor , includes an 8.5km airport spur with two stations and a 3.5km underground line within the KIA complex.

A new Phase, Tower/Building Name: Assetz Promise of Spring Phase-2, launched under RERA No. PRM/KA/RERA/1251/310/PR/050924/006995. with targeted completion by 31-Oct-2027.

Assetz Promise of Spring Phase-1, developed by Sambhav Ventures Realty LLP, officially launched on 01-May-2024 and expected to complete by 31-Oct-2026. Registered under RERA No. PRM/KA/RERA/1251/309/PR/030424/006771.