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SMART CITY TUMAKURU OVERVIEW
Tumakuru (Tumkur) with its land banks of 9800 acres is on the fast track of development. Niche and specific infrastructure implementation across sectors including Food Parks, Textile Parks, Industry Parks and more are on the anvil. Identified as part of the Electronics Manufacturing Cluster, it’s packed with a financial edge for razor-sharp speed in development.
Located about 70 kms north-west of Bengaluru, it is spread over 10 Talukas - Tumakuru (Tumkur), Koratagere, Sira, Gubbi, Pavagada, Turuvekere, Kunigal, Madhugiri, Tiptur & Chikkanayakanahalli. The district has a high literacy rate of 75.14%.
REAL ESTATE OPPORTUNITIES IN SMART CITY TUMAKURU
Tumakuru (Tumkur)’s a real estate generally offers good rich investment opportunities. The real estate sector is one of the most globally recognized sectors. In India, real estate is the second largest employer after agriculture and is slated to grow at 30 percent over the next decade. The real estate sector comprises four sub-sectors - housing, retail, hospitality, and commercial.. The Tumakuru(Tumkur) real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces. The Vasantanarasapura Industrial area has many world-class industries. The prestigious ISRO(Indian Space Research Organization) & HAL(Hindustan Aeronautics Limited ) are coming up in Tumakuru.
The Government of India along with the governments of the respective states has taken several initiatives to encourage the development in the real estate sector. The Smart City Project, where there is a plan to build 100 smart cities, is a prime opportunity in the field of real estate. Tumakuru(Tumkur) is one of the 100 Smart cities selected by the Government of India.
As Tumakuru(Tumkur) is creating a lot of employment opportunities as major Industries are being started here . People are wishing to settle down in Smart City Tumakuru(Tumkur). Investment in Tumakuru(Tumkur) will surely fetch high returns. SO FOR A BETTER TOMORROW-INVEST NOW IN SMART CITY TUMAKURU.
INDUSTRIAL LANDSCAPE IN SMART CITY TUMAKURU
Tumakuru (Tumkur) has a ready Industrial infrastructure spread across 7 Industrial Parks and 7 Industrial Estates that serve 37 large and medium industries with an investment of INR 113.916 billion and 27322 SSI that have an aggregate investment of INR 456.47 billion.
The district has a thrust on textiles with a proposed Textile Park, An Apparel Zone, A Readymade Garments Zone, and a Handloom Cluster in the district. The district also has plans for an Integrated Machine tool Industry Park and Machine tools focused technology Incubation Centre in association with GoK on PPP mode.
Tumakuru (Tumkur) is strategically located at the Centre of fast-growing domestic car markets .
KNOWLEDGE CAPITAL IN SMART CITY TUMAKURU
Tumakuru (Tumkur) has a wide-ranging network of educational institutions with 1 University, 2 Medical colleges, 1 Dental college and 8 Engineering colleges present in the district. It also has 12 polytechnics and 24-degree colleges operational.,Tumkur University is one of the most reputed universities in the state of Karnataka, offering a number of different courses at the UG, PG and doctorate level .
CONNECTIVITY IN SMART CITY TUMAKURU
Tumakuru (Tumkur) is well connected across Road, Rail, Air and Sea. Three National Highways NH4, NH 48 and NH 206 provide for the on road connect here. The Bengaluru – Mumbai – Pune railway line passes through the district and enables connect to all major cities in India.
Two International and Two Domestic Airports ensure high accessibility to the region. It also has access to Mangaluru (Mangalore) Karwar, Goa and Chennai ports.
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