Lakshmi Nilaya Hebbal, Bangalore

Bengaluru to Get 40 km More Tunnel Roads and 44 km Double-Decker Roadway

The Karnataka government is investing over Rs 1.5 lakh crore to improve mobility infrastructure in Bengaluru. This includes plans for 40 km of additional tunnel roads and a 44 km double-decker roadway. These projects aim to ease traffic congestion and improve connectivity, especially for Global Capability Centres (GCCs).

Bengaluru's Twin Tunnel Project Launched to Ease Traffic Congestion

Karnataka Deputy Chief CM D.K. Shivakumar has inaugurated the construction of Bengaluru's ambitious twin tunnel road project connecting Mekhri Circle and Hebbal Junction. The toll-free project is expected to provide long-term relief from the city's chronic traffic congestion.

Target Corporation Leases 8.3 Lakh Sq Ft Office Space in Embassy Manyata Business Park

US Retail giant Target Corporation has leased 8.31 lakh sq ft of office space at Embassy Manyata Business Park in Bengaluru for a 10-year period, in a deal estimated to be worth ₹1,250 crore. This significant lease commitment by a MNC underscores Bengaluru's position as a top office market, attracting global giants due to its strong GCCs and talent pool.

During Q2'2026, average property prices for Lakshmi Nilaya moved from ₹ 7,400/sqft to ₹ 7,900/sqft, reflecting a 6.76% rise.

Bengaluru Suburban Rail Project progresses across all four corridors

Railway Minister Ashwini Vaishnaw announced that construction activity for the Bengaluru Suburban Rail Project is progressing steadily across all four corridors. Land acquisition is complete for two corridors :Baiyappanahalli–Chikkabanavara and Heelalige–Rajanukunte corridors, land acquisition has been completed, and station development is underway.

Kanakapura Road project faces execution issues

The high-density corridor (HDC) project on Kanakapura Road in South Bengaluru, aimed at creating a model urban corridor, is facing significant issues with patchy execution. Some stretches have intact footpaths and good carriageways, others suffer from broken, encroached, and garbage-filled footpaths, forcing pedestrians onto the road.

During Q4'2025, average property prices for Lakshmi Nilaya moved from ₹ 8,050/sqft to ₹ 8,100/sqft, reflecting a 0.62% rise.

Bengaluru's civic groups have filed a petition with the National Green Tribunal (NGT) seeking the cancellation of the proposed Twin Tunnel Road project. They allege that the ₹19,000 crore project violates environmental clearances, is riddled with flaws, and contradicts the city's mobility plans.