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City Updates

Karnataka unveils ₹1,000-cr Quantum City to build $20-billion economy by 2035

Quantum City
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Karnataka is betting big on the future of quantum technology with the launch of Quantum City (Q-City) at Hesaraghatta, near Bengaluru. Conceived under the ₹1,000-crore Karnataka Quantum Mission, the hub will integrate research, innovation, manufacturing, and education to position the state as the Quantum Capital of Asia by 2035.

With a vision to build a $20 billion quantum economy, the project is not only set to transform India’s role in the global tech race but also spark fresh growth corridors in northwestern Bengaluru’s real estate market.

The project is planned for Hesaraghatta, about 25–30 km northwest of Bengaluru and 30 km from Kempegowda International Airport. The government has allotted 6.17 acres of land to serve as its nucleus.

Real estate experts believe the initiative could spur infrastructure growth in northwestern Bengaluru, a region that has historically lagged behind the city’s IT-driven east and south. Several projects are already emerging along Hessarghatta Main Road, an area with strong connectivity and proximity to the airport, making it an attractive location.

Experts said that initially buyers may consider plots as investment opportunities or for secondary homes in the area.

The government has sanctioned 6.17 acres of land at Hessarghatta for the development of Q-City. “By sanctioning 6.17 acres of land at Hesaraghatta for the establishment of a Quantum City (QCity ), we have laid a strong and lasting foundation to position Karnataka as a global hub for quantum research and innovation,” Science and Technology Minister NS Boseraju wrote on social media platform X.

“Just last month, we successfully hosted the Quantum India Bengaluru Conference, welcoming Nobel laureates and scientists from across the world. Today, within weeks of that promise, the land for Quantum City has been approved, true reflection of our government’s commitment and delivery,” he said.

He said in a statement that Karnataka aims to build a $20 billion quantum economy by 2035 through bold initiatives in quantum computing.

On August 11, Chief Minister Siddaramaiah announced the launch of Karnataka’s first state-level Quantum Technology Roadmap. “We aim to make Karnataka Asia’s top Quantum Innovation Hub by 2035, with a $20 billion quantum economy. We are planning Quantum Hardware Parks, Innovation Zones, and a global Quantum Conclave in Bengaluru,” he said in a statement.

The Quantum City will house advanced research labs, innovation centres, start-up incubation units, and high-performance computing facilities. A dedicated Quantum Hardware Park, four innovation zones, and a FabLine for component manufacturing are also planned, ensuring that Bengaluru not only advances in research but also builds domestic capacity for quantum hardware production.

The CM has outlined that the initiative rests on five key pillars. The first is talent development, with plans to introduce quantum skilling programmes in more than 20 colleges, bring a quantum curriculum to higher secondary schools, and support 150 PhD fellowships annually.

The second is research and development excellence, where Karnataka has set an ambitious goal of building 1,000-qubit processors and piloting applications in healthcare, cybersecurity, defence and agriculture. The third pillar is infrastructure creation, with bold commitments to build India’s first Quantum Hardware Park and establish large-scale facilities for innovation.

The fourth focuses on industry support, with a Quantum Venture Capital Fund to back over 100 startups, a push for more than 100 patents, and the creation of nearly two lakh jobs, including 10,000 high-skilled roles. Finally, the state is seeking to deepen global partnerships through an international task force and platforms like the India Quantum Conclave.

The Quantum City is being developed at Hesaraghatta, located more than 25-30 km to the north-west of Bengaluru and about 30 km away from Kempegowda International Airport. Experts point out that Hesaraghatta was chosen because of its proximity to Bengaluru’s existing research ecosystem, including institutions such as IISc and a startup hub, which makes it an ideal setting for advanced scientific infrastructure.

Real estate experts say the project has the potential to boost infrastructure development in Bengaluru’s northwestern part, which has historically seen less growth compared to the city’s IT-driven eastern and southern zones.

The upcoming Quantum City at Hessarghatta under the ₹1,000 crore Karnataka Quantum Mission stands to complement Bengaluru’s established tech ecosystem. Backed by an AI-ready workforce, competitive costs as compared to global peers, and progressive policies such as the GCC policy and Global Innovation Districts, Bengaluru in particular is primed to attract global investments, said Vimal Nadar, National Director and Head, Research at Colliers India.

“In this backdrop, the envisaged quantum hub can unlock new growth corridors and spur real estate growth in north-western peripheral areas of the city. With new growth corridors potentially alleviating infrastructure stress and decongesting central and suburban areas of the city, long-term growth opportunities can open up across commercial and residential real estate, especially affordable housing. Additionally with office market gaining traction in peripheral areas of the city, such localities can account for 15-20% of the overall stock in the next few years,” he said.

Kiran Kumar, vice president of Hanu Reddy Realty, said, “A number of projects are coming up in this belt, particularly along Hessarghatta Main Road, which is well connected and relatively close to the airport, making it a sought-after location.”

According to him, most buyers today are looking at plots as investment avenues or secondary residences.

“Prestige Northpoint, an established project near the location, is selling at around ₹8,000 per sq. ft. In comparison, land in gated plotted communities is priced between ₹3,000 and ₹4,000 per sq. ft,” Kumar noted.

He said that apartments are still relatively limited in supply, while local developers and investors are actively acquiring land. “We are seeing about 5% annual appreciation in real estate values, and with Quantum City on the horizon, we expect more real estate focus in the area,” he said.

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