<p>Bengaluru: Chief Minister <a href="https://www.deccanherald.com/tags/siddaramaiah">Siddaramaiah</a> allocated a special grant of Rs 7,000 crore to the Bruhat Bengaluru Mahanagara Palike (<a href="https://www.deccanherald.com/tags/bbmp">BBMP</a>) in the state budget for 2025-26, increasing the yearly allocation by Rs 4,000 crore. The government also announced that a new special-purpose vehicle will be established to utilise these grants and implement major developmental works on priority.</p><p>"Our government gives priority to basic infrastructure in Bengaluru city, which makes a major contribution to the state’s economy," the CM said during his budget speech.</p><p>He also appreciated the BBMP for increasing property tax collection by implementing various reforms and adopting the online e-khata system. The implementation of the new advertisement bylaw is expected to yield further revenue of Rs 750 crore, the chief minister said.</p><p><em><a href="https://www.deccanherald.com/india/karnataka/karnataka-budget-2025-live-news-latest-updates-congress-guarantees-siddaramaiah-expenditure-outlay-ai-plans-alcohol-liquor-prices-ai-bengaluru-3436206">Track live updates from the Karnataka Budget here</a></em></p><p>He added that the government has stood as a guarantor for the BBMP for an amount of Rs 19,000 crore for undertaking the North-South and East-West tunnel roads, at a cost of Rs 40,000 crore.</p>.<p><strong>Projects for Bengaluru include:</strong></p><p>* A 40.5 km double-decker flyover will be constructed at a cost of Rs 8,916 crore, along with the Namma Metro Phase-3 Project.</p><p>* A network of 300 km of additional roads will be constructed at a cost of Rs 3,000 crore utilizing canal buffer zones.</p><p>* The arterial and sub-arterial road network in the BBMP area, measuring 460 km, will be developed at a cost of Rs 660 crore.</p><p>* Flyovers and grade separators with a total length of 120 km will be built in Bengaluru city.</p><p>* A Rs 27,000 crore plan has been prepared to build a 73 km road with assistance from HUDCO Bank by renaming the long-pending Peripheral Ring Road project as the ‘Bengaluru Business Corridor’. "The land acquisition process has begun with separate teams formed for this purpose," the CM said.</p>
<p>Bengaluru: Chief Minister <a href="https://www.deccanherald.com/tags/siddaramaiah">Siddaramaiah</a> allocated a special grant of Rs 7,000 crore to the Bruhat Bengaluru Mahanagara Palike (<a href="https://www.deccanherald.com/tags/bbmp">BBMP</a>) in the state budget for 2025-26, increasing the yearly allocation by Rs 4,000 crore. The government also announced that a new special-purpose vehicle will be established to utilise these grants and implement major developmental works on priority.</p><p>"Our government gives priority to basic infrastructure in Bengaluru city, which makes a major contribution to the state’s economy," the CM said during his budget speech.</p><p>He also appreciated the BBMP for increasing property tax collection by implementing various reforms and adopting the online e-khata system. The implementation of the new advertisement bylaw is expected to yield further revenue of Rs 750 crore, the chief minister said.</p><p><em><a href="https://www.deccanherald.com/india/karnataka/karnataka-budget-2025-live-news-latest-updates-congress-guarantees-siddaramaiah-expenditure-outlay-ai-plans-alcohol-liquor-prices-ai-bengaluru-3436206">Track live updates from the Karnataka Budget here</a></em></p><p>He added that the government has stood as a guarantor for the BBMP for an amount of Rs 19,000 crore for undertaking the North-South and East-West tunnel roads, at a cost of Rs 40,000 crore.</p>.<p><strong>Projects for Bengaluru include:</strong></p><p>* A 40.5 km double-decker flyover will be constructed at a cost of Rs 8,916 crore, along with the Namma Metro Phase-3 Project.</p><p>* A network of 300 km of additional roads will be constructed at a cost of Rs 3,000 crore utilizing canal buffer zones.</p><p>* The arterial and sub-arterial road network in the BBMP area, measuring 460 km, will be developed at a cost of Rs 660 crore.</p><p>* Flyovers and grade separators with a total length of 120 km will be built in Bengaluru city.</p><p>* A Rs 27,000 crore plan has been prepared to build a 73 km road with assistance from HUDCO Bank by renaming the long-pending Peripheral Ring Road project as the ‘Bengaluru Business Corridor’. "The land acquisition process has begun with separate teams formed for this purpose," the CM said.</p>