The Karnataka Government has finally approved the long-awaited Bengaluru Business Corridor, erstwhile known as Peripheral Ring Road project, in a big drive towards easing city traffic.
Inaugurated by Deputy Chief Minister D. K. Shivakumar on Thursday, the 117 km long corridor will connect Tumakuru Road with Mysuru Road through Yelahanka and Electronic City, and is expected to cut down the traffic load in Bengaluru by up to 40 per cent once the work is completed within two years.
This one has been designed by the Bengaluru Development Authority (BDA) to be along NICE Road with a 60-metre-wide tollway and a dedicated corridor for a future Metro line—providing alignment for city urban mobility plans in the future. The state government will try to seek a ₹27,000-crore loan from the Housing and Urban Development Corporation (HUDCO) to finance construction, although the overall cost would be reduced to about ₹10,000 crore based on land acquisition and compensation results.
Also Read: Smart & Sustainable Highways: The Future of Road Infrastructure
To prevent procedural lag, Shivakumar ensured that there will be no denotification of land. Dispute compensation plots will be frozen in court, whereas landowners will be shifted one amongst four compensation schemes—either twice the market rate or 40% developed land in BDA layouts. Monetary compensation will be provided to small landholders.
“It was earlier called the Bengaluru Business Corridor, the Peripheral Road. It stretches from Tumakuru Road to Electronic City, and from Electronic City to Mysuru Road… toll road with space for the Metro. The Peripheral Road will be completed within two years," Shivakumar said.
With its new width of 60 metres, Bengaluru Business Corridor resembles Bengaluru–Mysuru Expressway in design for efficiency as it reclaims excess land to farmers for commercial development.
To read a detailed article on Bengaluru’s road condition, explore: The Impending Road Infrastructure Crisis in Bengaluru.
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