A prime commercial plot located along the bustling Outer Ring Road (ORR) in Bengaluru has been sold for a reported ₹5 crore. The transaction highlights the continued demand for well-positioned commercial real estate in one of India’s fastest-growing metropolitan areas.

The plot, strategically situated along ORR—a key arterial route that connects major tech hubs such as Whitefield, Marathahalli, and Electronic City—is expected to be developed for retail use. According to sources familiar with the deal, the buyer intends to establish a retail-focused development on the site, tapping into the area's dense residential population and strong commercial activity.

Bengaluru’s Outer Ring Road has emerged as a hotspot for both residential and commercial investments due to its proximity to IT parks, excellent connectivity, and robust infrastructure. With major tech firms operating along the corridor and a high influx of working professionals, the stretch has seen rapid growth in supporting services such as retail, dining, and hospitality.

Real estate experts note that this transaction underscores the growing investor interest in developing organized retail spaces beyond the central business district. As Bengaluru continues to expand, micro-markets such as ORR are gaining prominence for their balanced blend of residential catchment and commercial potential.

This sale is expected to add further momentum to the Outer Ring Road’s transformation into a comprehensive urban development zone catering to the city’s evolving needs.