Country's first financial city near Bangalore

- Sunday, April 08, 2012 11:46:57 PM

India’s first financial city is going to built near Bangalore. Finance Minister Prarnab Mukherjee has laid the foundation stone for the country's first financial city, which will built by the state-run IFCI Infrastructure Development Ltd (IIDL) at the Hardware Park near the international airport at Bagalur, about 30 km from Bangalore.

The City will be India's first financial city as a premium urban infrastructure in association with leading banks and institutions on 50 acres of land, provided by the Karnataka government. The striving project is scheduled to be completed in three years.

The layout of the financial city is based on Zen geomancy concept with effective circulation and activity patterns.

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