Work on the steel flyover from Minerva Circle to Hudson Circle is all set to begin in a month.
Funds for the project - Rs 138.8 crore - was allocated from the chief minister's Nagorathana Scheme.
The tender has been allocated to M V R Company and the BBMP has set an 18-month deadline to complete the works.
The flyover will reduce traffic congestion along Minerva Circle, Bharat Talkies, Shivaji Talkies, Townhall, LIC Head Office, Halasuru Gate Police Station and Hudson Circle.
Earlier, the BBMP had approached the Indian Institute of Science (IISc) for a detailed report on the project.
According to the inspection report submitted in 2008, during the morning peak hours (9 am-11 am), an average of 10,327 vehicles use the stretch between Minerva Circle and Hudson Circle.
During evening peak hours (4 pm-7 pm), an average 12,271 vehicles use this stretch.
"According to the Indian Roads Congress (IRC), a flyover should be constructed on roads where more than 10,000 vehicles ply per hour," said N Manjunath Prasad, BBMP commissioner.
"This project has been approved by the Metropolitan Planning Committee...soon we are starting the project," Prasad added.
