Land acquisition woes stall big development projects in Bengaluru
Bengaluru: Land acquisition has emerged the biggest roadblock for a string of infrastructure projects proposed around Bengaluru, with an estimated 90,000 acres needed for various development initiatives.
While acquisition costs alone are staggering, farmer groups and political functionaries are pushing back, with
Bangalore Rural MP Dr CN Manjunath
joining the chorus of opposition against the ambitious
Greater Bengaluru Township Project
planned in Bidadi, Ramanagara district.
In a letter to chief minister Siddaramaiah Sunday, Manjunath urged the govt to drop the proposal to acquire 9,600 acres of land spread across 24 villages under the Byramangala and Kanchanahalli gram panchayats. Farmers are already protesting the proposed acquisition.
"The large tract chosen for the township project is fertile farmland," Manjunath's letter says. "The livelihoods of thousands of farmers, including those who have smallholdings of about one or two acres, will be at stake if the land is acquired. Aside from this, the project will cause irreparable damage to agriculture and biodiversity of the area, as it houses about 10 lakh trees."
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around
Blinkist: Andrew Ng's Reading List
Undo
Land requirements don't stop there. The infrastructure department has identified three potential sites for a proposed second international airport for Bengaluru — two near Kanakapura Road in Ramanagara and one near Solur between Nelamangala and Kunigal. The project requires 5,000 acres. A team from Airports Authority of India (AAI) recently inspected the sites, and the state govt is awaiting AAI's report.
However, opposition is already mounting. Nelamangala MLA Srinivasaiah N has written to both the CM and deputy CM DK Shivakumar, who also oversees Bengaluru development, representing the farmers' concerns over the proposed airport.
Infrastructure development minister MB Patil has moved to allay concerns, saying: "The project is still in a nascent stage and the cabinet will decide on further steps after receiving the AAI report. Farmers and other stakeholders need not worry about the land issue, as the govt is committed to carrying out acquisition in a scientific manner, taking concerns of all stakeholders into consideration."
In addition, Karnataka Housing Board (KHB) has outlined plans for five theme-based townships in Solur (healthcare), Bidadi (cultural), Doddaballapur (manufacturing), Hoskote (IT), and Dabaspet (logistics), requiring around 2,000 acres. Housing minister BZ Zameer Ahmed Khan has initiated raitha adalats (farmers' courts) to build consensus.
Another key proposal is a revival of the 2006 BMRDA plan to create five integrated townships across Bidadi, Ramanagara, Sathanur, Solur, and Nandagudi — each needing 15,000 acres. Separately, 2,000 acres have been notified for Karnataka Industrial Area Development Board's (KIADB) Knowledge, Wellbeing and Innovation (KWIN) City near Hoskote. "It is a challenging situation," said Hoskote MLA Sharath Bachegowda. "The govt should ensure a fine balance between development and preserving cultivable land and protecting livelihoods of farmers. It needs a pragmatic outlook."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
20 minutes ago
- Time of India
Scorpio Daily Health Horoscope Today, June 23, 2025: Expect less from others
1 2 Scorpio , daily horoscopes await your discovery according to how mighty planets act on your health and vitality. Get helpful insights to coordinate your day with clarity and confidence. Maintain your balance and bask in the good cosmic vibes. Today, focus on expecting less from others and more from yourself. Your growth depends on your own efforts, not others' actions or approvals. When you take full responsibility for your progress, you gain power and independence. Avoid frustration by managing your expectations realistically. Channel your energy into self-discipline and self-care. Your strength comes from within, and today is perfect to cultivate that. Scorpio Health Horoscope Today Your health improves when you focus on your own habits and choices. Avoid blaming external factors for your wellness. Take responsibility by eating well, resting enough, and exercising gently. Listening to your body and honouring its needs brings vitality. Your commitment to self-care builds a strong foundation for lasting health. Scorpio Wellness Horoscope Today Wellness depends on your willingness to nurture yourself without relying on others. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Practice self-love and self-respect through mindful habits. Meditation, journaling, or quiet reflection help deepen your connection with yourself. Taking charge of your emotional well-being strengthens your spirit. Self-reliance today brings peace and balance. Scorpio Love Horoscope Today In love, focus on being your best self rather than expecting others to change. Honest communication and personal responsibility improve your relationships. If single, work on your growth and readiness for love. Let go of unrealistic expectations. Your self-confidence will attract healthier connections and mutual respect. Scorpio Career Horoscope Today Career success comes when you rely on your skills and hard work. Avoid blaming colleagues or situations for setbacks. Take initiative and lead by example. Your discipline and dedication will be recognized. Expecting more from yourself brings achievement and respect in your professional life. Scorpio Money Horoscope Today Financially, focus on managing your money wisely without depending on others. Take responsibility for budgeting and saving. Your disciplined approach attracts financial stability and growth. Avoid waiting for help; trust your ability to create abundance through your efforts. Scorpio Affirmation Today: I take full responsibility for my growth and success today. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Time of India
24 minutes ago
- Time of India
Patil Automation set for NSE SME debut today. GMP hints at modest premium
Pune-based Patil Automation is set to list on the NSE SME platform today after seeing overwhelming investor demand during its Rs 69.61 crore IPO . The issue was subscribed an impressive 101.42 times overall, driven by robust interest from non-institutional investors (NII) who bid 258 times their quota. Retail investors subscribed 44.77 times, while the Qualified Institutional Buyer (QIB) category was booked 82.92 times. Ahead of the listing, the grey market premium (GMP) for Patil Automation shares is hovering around ₹31, indicating a listing price of Rs 151 per share—nearly 26% higher than the issue price of Rs 120. While GMPs are unofficial and not always accurate indicators, the premium reflects positive sentiment among investors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Seniors Are Snapping Up This TV Box, We Explain! Techno Mag Learn More Undo The IPO consisted entirely of a fresh issue of 58 lakh shares. Anchor investors had pumped in Rs 19.81 crore ahead of the IPO opening, with 16.51 lakh shares allocated at the upper price band. The funds raised will be used primarily to set up a new manufacturing facility and repay a portion of the company's borrowings. Founded in 2015, Patil Automation provides automation and robotics solutions across industries including automotive, electronics, and general engineering. Its product range includes robotic welding systems, automated assembly lines, conveyor systems, and AI-based vision inspection systems. The company operates five facilities and has over 500 personnel including contractual workers. Live Events For FY25, the company posted a net profit of Rs 11.70 crore on a revenue of Rs 122 crore, with PAT margins at 9.91% and ROE at 27.28%. The IPO valued the firm at a post-issue P/E of around 22.4x. Given the strong subscription figures and current GMP, the listing is likely to be positive, though post-listing performance may depend on broader market trends and investor appetite for SME stocks.
Time of India
24 minutes ago
- Time of India
Dollar firms as markets brace for Iran response to US attacks
The U.S. dollar firmed slightly on Monday as anxious investors sought safety, although the moves were muted so far suggesting markets were waiting for Iran's response to U.S. attacks on its nuclear sites that have exacerbated tension in the Middle East. The major moves were in the oil market, with oil prices hitting a five-month high, while global stocks slipped in the first market reaction to the U.S. attacks over the weekend. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More Undo In currency markets, the dollar advanced broadly against most rivals. It was up 0.25% against the Japanese yen at 146.415 after touching a one-month high earlier in the session. The euro was 0.33% lower at $1.1484, while the Australian dollar, often seen as risk proxy, weakened 0.2% to $0.6437, hovering near its lowest level in over three weeks. That left the dollar index, which measures the U.S. currency against six other units, 0.12% higher at 99.037. Sterling was 0.25% lower at $1.34175, while the New Zealand dollar also fell 0.24% to $0.5952. Live Events Carol Kong, currency strategist at Commonwealth Bank of Australia , said the markets are in wait-and-see mode on how Iran responds, with more worries about the positive inflationary impact of the conflict than the negative economic impact. "The currency markets will be at the mercy of comments and actions from the Iranian, Israeli and U.S. governments. The risks are clearly skewed to further upside in the safe haven currencies if the parties escalate the conflict." Iran vowed to defend itself a day after the U.S. dropped 30,000-pound bunker-buster bombs onto the mountain above Iran's Fordow nuclear site. American leaders urged Tehran to stand down while pockets of anti-war protests emerged in U.S. cities. In a step towards what is widely seen as Iran's most effective threat to hurt the West, its parliament approved a move to close the Strait of Hormuz. Nearly a quarter of global oil shipments pass through the narrow waters that Iran shares with Oman and the United Arab Emirates. "Markets appear to be treating the U.S. strikes on Iran as a contained event for now, rather than the start of a broader war," said Charu Chanana, chief investment strategist at Saxo. "The muted haven flows suggest investors are still assuming this is a one-off escalation, not a disruption to global oil supply or trade." While the dollar has reprised its role as a safe haven due to the rapid escalation in geopolitical tension, the relatively muted moves suggested investors remain wary of going all in on the greenback. The U.S. currency has dropped 8.6% this year against its major rivals as economic uncertainty from President Donald Trump's tariffs and concern over their impact on U.S. growth has led to investors scurrying for alternatives. In cryptocurrencies, bitcoin was up 1.3% in early trading after dropping about 4% on Sunday, while ether rose 2.3% on Monday after sliding 9% in the previous session.
