Majestic plan may take off in Nov

Majestic plan may take off in Nov
Bidders for KSRTC s dream project shortlisted
Vijay Times

The Karnataka State Road T ransport Corporation’s (KSRTC) dream project of re-modelling the Majestic bus stand into a 45-storey complex at a cost of Rs 700 crore to decongest Kempegowda Bus Station is set to take off, with the construction slated to start by Oct/ Nov this year .

KSRTC sources told Vijay Times that construction groups - Reliance, Zurong, Siemens and Infrastructure Leasing & Financial Services - have been shortlisted. They have submitted their conceptual design for the project and the selected group will be announced shortly . The contract is likely to be awarded to either one or two construction groups, it is learnt.

At present, modalities such as environmental clearance and final concept designs are being looked into. The project construction will coincide with that of the Metro Rail project.

The KSRTC authorities have also held discussions with the Bangalore Metro Rail Corporation (BMRC) as well Indian Railways to co-ordinate the plan as the mega project will house all the three modes of transport.

The inter-modal transit centre will serve as one of its kind transport hub for the City ensuring commuters have all modes of transit systems at their disposal. The State-run corporation received responses from over 25 consortia which submitted their expression of interest to develop the project on a build-own-operate-transfer (BOOT) basis. Bidders were selected after global tenders for pre-qualification procedure inviting ’Expressions of Interest’ were called on July 12, 2005.

Major construction conglomerates such as Zurong from Singapore, Larsen and T oubro, Mantri Developers, H M Constructions, Shirke Constructions, Prestige Group , Gammon India, Soma Constructions and Classic Group , among others, had initially taken the bid documents.

The bid closed in December last year , after which the consortia submitted their request for proposals (RFQs).


Futuristic

The re-modelled bus terminus is planned to be built as a futuristic landmark with a 45-storey tower , 25 lakh sq ft of commercial space, underground bus terminus, parking facilities for 5,000 cars and 10,000 twowheelers, tunnel subways for pedestrians, a terrace helipad, star hotels, an amphitheatre, shopping centres, food courts, browsing centres, rest rooms and other public utilities.