Average Asking Price in Outer Ring Road
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Outer Ring Road's average asking price is rising quarter-on-quarter.
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A crucial 6.2-km road connecting Gunjur, Varthur, Panathur, and the Outer Ring Road (ORR) in East Bengaluru, envisioned nearly twenty years ago, is finally moving towards completion. The project faced significant hurdles, including the acquisition of forest land, a KPTCL substation, and private properties.
Uber plans to open two new technology centers in Bengaluru and Hyderabad by the end of 2027, expanding its engineering and infrastructure footprint in India. The Bengaluru facility is expected to accommodate around 5,000 employees, focusing on global product development, AI, and platform engineering.
Bengaluru is shifting its road infrastructure strategy by opting for white-topping (concrete paving) on key IT corridor roads, including a 17.1 km stretch of the Outer Ring Road (ORR) between Silk Board Junction and K.R. Pura Metro Station. This Rs 368-crore project aims to replace traditional asphalt with more durable concrete surfaces, expected to last 25-30 years.
Bengaluru's first double-decker flyover has fully opened, providing significant relief to commuters on a busy traffic corridor. This infrastructure project is expected to ease congestion at Silk Board Junction, reduce travel times, and improve traffic flow in the heavily trafficked region.
Real estate major Prestige Group has received approval to construct a 1.5-km flyover connecting its upcoming Prestige Beta Tech Park in Bellandur to the Outer Ring Road (ORR). The project, financed by Prestige Group, also includes widening of Kariyammana Agrahara Road. This private flyover, which will be open to public use, aims to alleviate traffic congestion and accommodate the influx of employees to the new tech park..
Construction on the long-stalled underpass at Kanteerava Studio Junction on the Outer Ring Road in Bengaluru has finally resumed. The Bangalore Development Authority (BDA) has spent nearly Rs 100 crore on the project over 14 years, as project got stuck due to land acquisition. The completion is expected within six to ten months, which should significantly improve traffic flow in the northwestern part of the city.
The Prestige Group has received approval to construct a 1.5-kilometer-long private flyover connecting its upcoming Prestige Beta Tech Park in Bellandur to the Outer Ring Road (ORR). The flyover will be open to the public and Prestige will also widen Kariyammana Agrahara Road and fund a new connector road.

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