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Preamble of 'Smart City'
A snail pace traffic, people waste time on the road rather than investing their time in productive work. Some studies have found that commuting more than 30 minutes each way, may reduce life expectancy and women are at higher risk. These not only impact health of human beings, but also incur expenditure. The world slowly re-inventing itself, is moving towards a green and healthy future. The right solution – "Smart city"
THE NEED
Self - sustained Integrated Mega Township
  1. A win-win situation for Investors, Promoters and Buyers.
  2. Uncluttered, planned, Green, Pollution free,
  3. Eco-Friendly, Energy Efficient, Self-Sustained, Cost effective, Realistic promises, Zero corruption, Stress free living Spaces, Encouraging people to Experience and live life to the Fullest.
Smart Solutions

Waste Management

Waste is converted into compost.

Water Management

Treatment of waste water.
Reusing of treated water for non-domestic use.
Quality water for all the residents.
Smart meters and preventive maintenance management.

Energy Management

Renewable Source of Energy, like solar, wind, biofuel etc.
Construction of energy efficient & green buildings.

Others

Intelligent traffic management.
Smart parking. .
Skill development centers.
Security surveillance cameras for overall security.


Advantages of Smart - Township
Integrated townships, which are created as self-sustaining hubs, are a win-win for both Developers and Buyers.
  1. Buyers get Properties at affordable rates.
  2. Residential and Commercial Properties create demand for each other.
  3. Availability of essential Infrastructure with Lifestyle amenities.
  4. Enhanced property value appreciation
INFRASTRUCTURE
  1. Because of large land requirement, integrated townships are developed at the periphery of urban areas.
  2. The city's peripheries are usually low on infrastructure support, and development of integrated townships needs support to flourish.
  3. Integrated townships are designed to house a large number of families as well as commercial establishments. Infrastructure is pivotal in making such developments habitable and commercially viable. Most big Indian cities are struggling with issues of power, water and drainage, not to mention a snail-like pace of road network expansion.
  4. Many townships have office, retail and residential spaces. They also feature generous landscaping and serene environment, all of which are effective enticements for buyers.
  5. Affordability is another factor that is drawing buyers to these townships. Being located in peripheries of metros, these properties are more economical than those in prime locations. A township project offers latest amenities at a relatively low price.

WHAT THE FUTURE HOLDS
  1. There has been demand for easing the FDI norms for integrated townships, the intention being the prevention of speculation and attracting foreign funds to invest in the development of long-term infrastructure.
  2. With the focus of integrated townships towards creating affordable housing as well as infrastructure development, the model is a prime candidate for being granted infrastructure status. If and when this happens, it will provide access to cheaper and more established sources of funds while also providing the kind of tax benefits to developers that are needed to make this model of development more attractive to them.
  3. The Central Government has already opened the doors for External Commercial Borrowings (ECBs) in integrated township development. This provides access to cheap sources of finance and has had a positive impact on this form of development.
  4. Single window clearance has been a long-standing demand for the real estate sector.
  5. Local Municipal authorities lack funds to undertake an urbanization drive of any significant scale in the major cities. In such situations, integrated townships with a focus on development of ancillary infrastructure are a clear solution.
  6. Hence, Financial Incentives and faster clearances from State Governments are paramount requirements.
  7. Everyone dreams of buying a reasonably-priced home in a good area.
  8. Hundreds of acres, these include independent houses, apartments, offices, shopping malls, cinemas, schools, hospital and all other facilities that are there in developed urban centers. Some also have police and fire stations.
Why Bengaluru..?
  1. Bengaluru is a growing metropolitan city in a developing country
  2. The city has made a mark in the world IT Revolution, Real Estate and other Infrastructure.
  3. Bengaluru has led to the growth of Information Technology (IT) in India.
  4. IT firms in Bengaluru employ about 35% of India's pool of 1 million IT professionals and account for the highest IT-related exports in the country.
One of the Leading Centers Of
  • IT Capital, Fueling the Economy
  • Only 40% local people
  • International crowd
  • Climate
  • Real estate boom
  • Developing infrastructure
  • Increasing Spending power of people
  • Friendly people
  • Easy availability of resources, water and power
  • Connectivity
  • Mix of tradition and technology
  • Open to development.
Why Bengaluru North?

ITIR [Information Technology Investment Region] near BIAL.
  • The ITIR is one of the largest infrastructure projects in karnataka's history. Total cost id expected to be one lakh crore rupees ($22 Billion). The Initiative will provide direct employment to 1.2 million people and indirect employment to 2.8 million. Development will involve a Centre -State partnership in conjunction with private partners. Basic infrastructure such as road, rail and telecommunication links will be provided by the Centre. The state government will provide physical infrastructure and utilities, including power, water, sewerage and effluent treatment facilities.
  • The Karnataka State Electronics Development Corporation (KEONICS) has recently issued Expression of Interest (EOI) for developing the region. Over 55 multinational IT companies including Infosys, Wipro, TCS, and Cognizant have signaled an interest in joining and have signed MOUs. The first phase of ITIR spread over 2,500-acre (10 km2) will be completed in by 2012, while the second and third phases will be built over the next five to ten years.

  • Karnataka is now exempting stamp duty, offering subsidies, and providing many concessions to aerospace companies.
  • While the government has already acquired 1,000 acres near Devanahalli, it is working on acquiring the remaining 2,000 acres. The park will be easily accessed via key national highways NH7, NH4 and NH207. The government is also promising a direct road link from the aerospace park to the airport, a technology innovation center, and an international convention centre.

LTG Projects Pvt Ltd
Corporate Office
LTG Tower, #3,4,5& 6, 3rd Floor, BDA Outer Ring road, Near Kempegowda nagar Arch, Laggere, Bengaluru - 560 058 Karnataka ,India.
080 - 2961 6921 / 2961 5900.
enquiry@ltgprojects.in

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