Thursday, July 05, 2007

Land acquisition for Ring Road gets nod

Land acquisition for Ring Road gets nod
TIMES NEWS NETWORK

Bangalore: Setting in motion plans for the new hi-tech corridor between Magadi Road and Mysore Road, land acquisition for the BDA’s Peripheral Ring Road (PRR) that will cut through the corridor was cleared by the cabinet on Wednesday.
Home minister M P Prakash told reporters after a cabinet meeting that 9 acres and 28 guntas of land at Srigandhakaval in Yeshwantpur, Sajjepalya and Malagal village would be acquired by the BDA. The project cost for the PRR in this section will be Rs 72.83 crore.
The dedicated hi-tech corridor for clean industries, aimed at IT and ITES, will cover 1,000 acres and will be 17 to 29 km from the city centre.
The PRR will be a six-lane road cutting right in the middle of the corridor, with office space for the sector on either side.

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