32 consortia bid for Bidadi Township

32 consortia bid for Bidadi Township
Deccan Herald

The global tenders called by the Bangalore Metropolitan Development Authority for Bidadi Township -- the first of its ambitious project for five townships -- has elicited responses from 32 consortia of developers, Indian and foreign majors among them.

The global tenders called by the Bangalore Metropolitan Development Authority for Bidadi Township -- the first of its ambitious project for five townships -- has elicited responses from 32 consortia of developers, Indian and foreign majors among them.

Requests for Qualification received in response to the global tender were opened on Friday, it is learnt. As many as 120 companies, 17 of them foreign, are among those who form the 32 consortia.

Ambanis keen


The Ambani brothers - Mukesh and Anil’s respective companies (Reliance Industries Ltd and the Anil Dhirubhai Ambani Group) - besides the DLF group, are among the Indian majors in the race. Among the foreign players are Jurong of Singapore, Springfield Land Corporation of Australia and Shanghai Urban Construction Corporation of China.

The BMRDA is likely to call for Request for Proposals, this month end, it is said.

Bidadi in Ramanagaram taluk is located 35 km from Bangalore city and is about 45 km from the upcoming Devanahallli International Airport.

The Bidadi Township project is pegged to cover 9,684 acres spread across nine villages, whose current aggregate population is 12,000. The project cost is estimated at Rs 3,500 crore.

CM’s assurance

A preliminary meeting of investors and developers from India and abroad had been called by the BMRDA, in mid-November. About 45 leading investors, including those from Singapore, Malaysia, the Netherlands and the UAE, had attended the meeting. Chief Minister H D Kumaraswamy had at the meeting sought to allay the investors’ reservations vis-a-vis land acquisition. He had noted that Bidadi “falls in my own constituency and no one need fear any delay due to hassles over land acquisition”.

Ramanagaram in Ramanagaram taluk, Solur in Magadi taluk, Sathanur in Kanakapura taluk, and Nandagudi in Hosakote taluk are the four other places BMRDA has chosen for its township projects.