The Bangalore Development Authority (BDA) is preparing a detailed project report (DPR) for the Peripheral Ring Road (PRR) project. The State government is ready to release funds for the public-private venture project. The 116 km road, that will circumnavigate the Indian IT city, will ease traffic on the Outer Ring Road by over 50 per cent and provide connectivity between State highways and national highways.
The government has also suggested the BDA that financial assistance be taken from the Japan International Co-operation Agency (JICA). The State government has given the green signal for the first phase covering 65 km between Hosur Road and Tumkur Road via Bellary Road.
During the recent Assembly session held in Belgaum, the Cabinet approved phase 1 of the PRR to be executed either through public-private partnership or with the financial assistance of JICA or HUDCO or other sources. In order to make the project financially viable and workable, plans are afoot to reduce the width of the road to 70 metre from 100 metre.
About 25 metres of the reduced 30 metres will be commercially developed, said BDA engineer member P. N Nayak. The remaining five metre will be reserved for any future plans of the BDA. Farmers will be given the option of accepting the developed land, or monetary compensation, or transferable development rights (TDR) in lieu of the land acquired from them for the project, Nayak explained. The PRR linking several national highways and state highways will be made a toll road to recover the cost of construction.
According to the government order, the project is estimated to cost Rs 1,208 crore. The govt has issued final notification for acquisition of 1,810 acres of land and preliminary notification issued for 372 acres of land. The executing agency will be authorised to collect toll for a stipulated period.
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