Impact of Satellite Town Ring Road (STRR) on Property Prices in Shettigere
The real estate market in North Bangalore has been undergoing rapid development, with major infrastructure projects playing a major role in transforming the region. Among these, the Satellite Town Ring Road (STRR) stands out as a major catalyst for growth. Areas like Shettigere, where the prominent township Godrej MSR City is located, are witnessing increased investor attention due to improved connectivity, planned infrastructure, and rising land value.
The STRR, once fully completed, is expected to redefine accessibility and unlock real estate potential across peripheral parts of Bangalore, with Shettigere emerging as one of the biggest beneficiaries.
What is the Satellite Town Ring Road (STRR)?
The STRR is a 280-kilometre orbital corridor developed to connect satellite towns around Bangalore, such as Doddaballapur, Devanahalli, Hoskote, Ramanagara, and Anekal. It is being constructed in phases by National Highways Authority of India (NHAI) and will serve as an external bypass for intercity traffic, reducing congestion within Bangalore.
For Shettigere, which is strategically located near the Bangalore International Airport, the STRR enhances regional accessibility and makes the locality more appealing for residential and commercial developments.
Positive Impact on Shettigere’s Real Estate Market
With the STRR project making progress, Shettigere has seen increased interest from developers, investors, and homebuyers. Its proximity to both the airport and the upcoming ring road positions it as a key residential zone.
Key Benefits for Shettigere:
- Improved Connectivity: Quick access to NH-44, Bellary Road, and several upcoming highways boosts travel convenience.
- Better Logistics and Commercial Links: STRR supports freight and logistics movement, encouraging industrial growth around Shettigere.
- Decongestion of City Roads: By acting as a bypass, the STRR reduces commute times from Shettigere to key tech hubs and city centres.
- Catalyst for Development: New schools, hospitals, and retail hubs are expected to follow infrastructure growth.
Impact on Property Prices
Over the past few years, land prices in Shettigere have appreciated steadily. With STRR nearing completion in several phases, this growth is expected to accelerate. Market analysts estimate an average price appreciation of 10–15% annually in areas influenced by the STRR, especially those close to junction points like Shettigere.
Approximate Land Rate Trends (as of 2025):
- 2020: ₹3,000–₹3,500/sq.ft
- 2023: ₹4,500–₹5,000/sq.ft
- 2025: ₹5,500–₹6,500/sq.ft (projected, depending on exact location and amenities)
This growth pattern is especially relevant for integrated townships like Godrej MSR City, which combine lifestyle features with strategic positioning.
How Godrej MSR City Benefits
Godrej MSR City is well-placed to gain from the STRR-induced transformation. As a large-scale township in Shettigere, it offers thoughtfully designed homes with easy access to the airport, employment hubs, and future metro lines.
Key Advantages:
- Located within the STRR influence zone
- Seamless road connectivity to North and East Bangalore
- Premium housing with long-term appreciation potential
- Ideal for both end-users and rental investors
The combination of Godrej’s brand reliability and Shettigere’s infrastructural momentum makes this project a standout in the region.
The STRR is not just a road project—it’s a powerful driver of regional transformation. With improved mobility, better infrastructure, and faster access to employment zones, areas like Shettigere are quickly becoming prime destinations in Bangalore’s property landscape. Projects like Godrej MSR City, supported by strategic planning and connectivity, are well-positioned to offer long-term value in this growing corridor. As the STRR progresses, the appreciation in property prices is expected to continue its upward trend.
