North Bengaluru’s Jakkur, a burgeoning hub for luxury high-rises, is grappling with project delays that have left homebuyers in a bind. The region, often praised for its strategic location near Kempegowda International Airport and its burgeoning IT corridor, is now under scrutiny as numerous high-rise residential projects remain unfinished. These delays are attributed to a combination of regulatory bottlenecks, funding challenges, and infrastructure development lags.
Developers cite approvals and permissions as a significant hurdle, with zoning regulations and environmental clearances slowing progress. Moreover, rising construction costs, fuelled by inflation and global supply chain disruptions, have compounded the issue, leaving several builders financially strained. While Jakkur was once a poster child for North Bengaluru’s real estate boom, the delays have dented its image, causing potential buyers to question the reliability of investments in the area.
From a sustainability standpoint, the delays have a dual impact. Unfinished projects not only frustrate buyers but also exacerbate environmental concerns. Construction sites left in limbo often generate waste and become eyesores in otherwise green neighbourhoods. A shift towards sustainable practices, including the use of eco-friendly construction materials and energy-efficient designs, could mitigate some of these challenges and restore buyer confidence.
On the civic front, the delays highlight broader issues of urban planning in Bengaluru. While demand for housing in Jakkur has surged, the supporting infrastructure—roads, drainage, and utilities—has struggled to keep pace. The lag in infrastructure exacerbates project delays and adds to residents’ woes. Policymakers must prioritise better coordination between civic authorities and developers to ensure timely delivery of projects, ensuring Jakkur realises its potential as a thriving residential hub.