Panel to work out funding pattern for PRR, elevated corridors

Panel to work out funding pattern for PRR, elevated corridors

 A panel comprising top officials of the State and the Central governments will work out the funding pattern for the ambitious Rs 11,000-crore Peripheral Ring Road (PRR) and the Rs 18,500-crore elevated corridor projects in Bengaluru.

Bengaluru Development Minister K J George told reporters here on Tuesday that the Centre had given an assurance that it would partly fund the two projects. State Urban Development Additional Chief Secretary T M Vijay Bhaskar will work with top officials of the Transport and Highways Ministry to work out the pattern for funding the projects, George said.

Chief Minister Siddaramaiah, Public Works Minister H C Mahadevappa and George had met Union Road Transport and Highways Minister Nitin Gadkari in New Delhi on Monday and had briefed him on the two projects.

The corridor project will have three elevated roads – the North-South corridor connecting the Central Silk Board with Hebbal; the East-West corridor-1 connecting KR Puram with Goraguntepalya; the East-West corridor-2 connecting Jnanabharathi with Varthur Kodi. In addition, there will be three connecting corridors of a total length of 82.7 km, estimated to cost Rs 18,500 crore.

The 65-km eight-lane PRR around the Outer Ring Road will link Tumakuru Road and Hosur Road, intersecting Doddaballapur Road, Ballari Road, Old Madras Road and Sarjapur Road.

Bidadi township
George said the government was keen on reviving the Bidadi Integrated Township project. Preliminary notification had already been issued for acquiring10,000 acres for the project. However, the project has not moved forward since 2009, when real estate major DLF withdrew its bid.

The Bangalore Metropolitan Region Development Authority (BMRDA) will now execute the project, George said. A decision to this effect was taken at the BMRDA Board meeting on December 30.

He said the government was keen on adopting the Amaravathi land pooling model for the proposed Satellite Town Ring Road (STRR) project.

Under the model, parcels of land belonging to various owners are assembled and utilised for the project. At the same time, developed land is given back to the original land owners adjacent to the STRR.

The 383-km STRR will connect satellite towns Ramanagar, Dobbspet, Devanahalli, Hosakote, Attibele and Magadi.