Monday, March 26, 2007

Costliest ring road gets cabinet approval

Costliest ring road gets cabinet approval
The Times of India

Bangalore: Rs 31 crore per km. That’s Bangalore Development Authority’s (BDA) most-ambitious Peripheral Ring Road (PRR) project for you. The most expensive so far. The PRR got the cabinet’s nod on Thursday and BDA has begun the land acquisition process. What began as a Rs-550 crore project four years ago has now touched Rs 3,600-crore, making it a bigbudget production.
“Since cost of the land has boomed in the city’s periphery, the compensation component is very heavy. At several places, compensation has crossed Rs 80 lakh per acre. Also the road component has a lot of underpasses and changeovers, which have to be built as per international standards,’’ officials said, explaining the reasons for the high cost.
The road, mooted a decade ago, is a 116-km ring connecting the city at the periphery. About 11.5 km away from the outer ring road, the PRR will connect Tumkur road, Magadi road, Mysore road, Bellary road, Old Madras road, Hosur road and Kanakapura road.
The project will be taken up in two phases. Phase I, covering 65 km, will be from Tumkur road to Hosur road crossing, Bellary road, Old Madras road, Varthur road and Sarjapur road. It will require 1,980 acres of land. The 51-km phase II stretch will connect Hosur road to Tumkur road crossing Kanakapura road, Mysore road and Magadi road. The project will totally require 3,532 acres of land.
l Bangalore-Mysore Infrastructure Corridor project works out to be Rs 13 crore per km on an average for 161 km l BMRDA’s expressway connecting outer ring road to Bangalore International Airport will cost Rs 23.8 crore per km for 21 km.

ee corridor.


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