Bengaluru Gets Funds Worth Rs 8,000 Cr For Infrastructure Development

January 31, 2019   |   Proptiger

The Karnataka government has sanctioned Rs 8,015 crore to give a facelift to Bengaluru. The Bengaluru Development Department will receive these funds for the infrastructural development in the city, over the next three years. These funds will be allocated for the development of drainage, tanks, footpaths, flyovers and underpasses across the city. The development department will be undertaking a detailed list of such works till 2021.

This year’s funds exclude the Rs 2,500-crore package announced by Chief Minister Siddaramaiah earlier and over and above what has been allotted to the Bruhat Bengaluru Mahanagara Palike (BBMP) , the Bangalore Development Authority (BDA) , the Bangalore Water Supply and Sewerage Board (BWSSB) as also the Bangalore Metro Rail Corporation Limited (BMRCL) .

Apart from the infrastructure development that will take place using the state government’s funds, the BBMP will start work that was to be carried out with Rs 2,500 crore. This will include development of about 40 lakes, 100-km stretch of roadways within the corporation’s limits as also in village areas, footpaths, alternate connectivity to ITPL, multi-storey parking in Gandhi Bazaar among others. Work is expected to start by December 2019.

However, this year, the state Cabinet has not released any funds for the elevated corridors and the Peripheral Ring Road project. In 2018, over Rs 15,000 crore were released for six interconnected elevated corridors in Bengaluru that is to be built over the next four years.




Similar articles


Most Read

Quick Links

Property Type

Cities

Resources

Network Sites