Shree Lakshmi Grand Koramangala, 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.

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.

Rent in Shree Lakshmi Grand ranges from ₹ 47 K to ₹ 82 K with options available for 2 BHK, 3 BHK, 4 BHK.

West Asia conflict impacts Bengaluru's housing projects, causing material shortages

The ongoing conflict in West Asia has disrupted the supply chain of construction materials, leading to potential delays of three to six months in completing housing projects in Bengaluru. Credai, Karnataka, plans to approach K-RERA seeking extensions under the 'force majeure clause' due to these supply chain disruptions and rising material prices.

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.

During Q1'2026, average property prices for Shree Lakshmi Grand moved from ₹ 9,800/sqft to ₹ 9,950/sqft, reflecting a 1.53% 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.

Bengaluru's double-decker flyover near Silk Board Junction is nearing completion and is expected to open by December or early next year. The project aims to ease traffic congestion at the bottleneck.