Bengaluru’s PRR will be an Elevated Corridor now

Sep 13,2018 / By Priyanka / No Comment

The Bengaluru Development Authority has decided to make the much delayed Peripheral Ring Road (PRR) an elevated corridor that will be assimilated with Namma Metro. The decision was taken at a meeting chaired by Deputy Chief Minister Dr. G. Parameshwara, who also chairs the BDA, last week.

BDA Commissioner Rakesh Singh said, “We have prepared a cabinet note and will start work on the Detailed Project Report (DPR) after the cabinet grants approval.”

The PRR, a 65-km ring road around the city, has been in the pipeline for more than 20 years. The Japan International Co-operation Agency (JICA) was ready to fund the infrastructure part of the project. However, the land acquisition cost, which was to be borne by the State government has blown up to over ₹8,000 crore, putting the project in the middle

To reduce the land acquisition cost, the BDA has decided to make PRR into an elevated corridor. It was also decided to integrate a Namma Metro line on the median. Going elevated and integrating a Namma Metro line will definitely raise the infrastructure cost of the project. The BDA will start fresh negotiations with JICA over the loan,” a senior official said.

Work on Shivarama Karanth Layout picks up the pace

Bengaluru Development Minister and Deputy Chief Minister Dr. G. Parameshwara said that the proposal for the final notification for 3,564 acres in 17 villages near Doddaballapur will be approved by the cabinet soon. The layout is estimated to have over 19,000 sites.

The project clashed after the High Court defeated the preliminary notification in 2015 following several lawsuits by land-owners. But in August, the Supreme Court had directed the State government to do a final report for land acquisition for the layout in the coming three months.

Dr. G. Parameshwara also said that the next installment of 5,000 sites in Nadaprabhu Kempegowda Layout will be given away through a lottery from among applicants on September 25, 2018.

Repayment on BDA flats

The BDA has decided to give a refund on its flats. It will offer a 5% rebate on all flats and a 10% discount for those who buy more than 10 flats at a time.

Hennur flyover to be ready by December end

Dec 11,2017 / By Priyanka / No Comment

Work on the Hennur flyover, which leads towards Geddalahalli in Bengaluru began in 2009, with the Bangalore Development Authority (BDA) promising to open the flyover to the public by July 2010. The Hennur flyover, which is not even a kilometer long, is still showing no signs being anywhere close to completion. But recently, the Bengaluru Development Minister KJ George, Mayor R Sampath Raj, and officials from the Bangalore Development Authority (BDA) visited Hennur flyover to scrutinize the work in progress.

KJ George said it was not possible to complete the work by the projected time due to land acquisition issues. Now, things are in place. The flyover work will be finished by end of December.

Work on the flyover was taken up eight years ago by BDA, but it was hindered midway in 2012. However, in 2016, Minister KJ George at an event publicized that the flyover work would be completed by November 2016, but the work was stopped by the authority due to many issues.

One of the reasons causing a delay in the completion of the flyover has been problems with land acquisition, mainly after the new Land Acquisition Act came into effect in 2013.

However, reports say that the shifting of underground pipes by the Bengaluru Water Supply and Sewerage Board has also delayed the work on the flyover.

The 920-meter-long flyover which was supposed to be completed within 18 months of commencement in 2009, but it never happened. The revised project cost of the flyover went up to Rs 55 crore in 2016, but still, no progress was seen.

The completion of the Hennur flyover is essential for the nearby areas. The flyover is estimated to reduce travel time to and from Kempegowda International Airport for residents of east and southeast Bengaluru.

BDA to give residential projects another shot

Nov 30,2017 / By Priyanka / No Comment

The Bengaluru Development Authority (BDA) has taken a turnaround from its earlier standpoint that it would not take up any new residential projects till all its current flats get homebuyers. Recently, BDA has gone ahead with floating proposals for two mega residential projects worth Rs 759 crore. The projects will come up at Konadasapura village in Bidarahalli Hobli in Bengaluru

The project will have more of 3BHK options as most buyers are seen to prefer this over 2BHK or 1BHK flats in its previous projects. The upcoming project will have 1,344 flats (3-BHK – carpet area of 1,150 square feet), 672 (2-BHK carpet area of 672 square feet) and 448 (1-BHK carpet area of 450 square feet). They are going to construct a total of 22 blocks, each of 14 floors.

A senior official of the BDA said, “We believe it to get a good response as it is located in the suburbs. This residential project is a part of many other property development projects, comprising of commercial complexes, amusement parks, and others.”

He further added that the BDA decided to take up the project to achieve revenue as it is facing a serious financial crunch. The BDA is anticipating on accepting business models that private builders use. The official said this is the first big residential project that the BDA is taking up after the Karnataka Real Estate Regulation Act (RERA) came into effect.

The BDA is trying hard to sell the flats that are already completed. The agency had to announce schemes like ‘across-the-table’ sale of flats for applicants because of the poor response from the public. The official said that after the initiative, 500-odd flats were sold, but a majority of the 2-BHK flats left unsold.

Last year, the BDA had marketed 3,100 flats for sale but received only 800-odd applications. The homebuyers had shown more interest in 3-BHK flats. Another BDA official said, “Our earlier experience tells us, there is more demand for 3-BHK flats so we have decided to build more of them. The project will also address various other issues like parking. In one of the projects, parking lots will be made available for more than 1,500 cars. We are hoping that people working in the IT sector may be interested in the project location is close to Whitefield.”

Peripheral roads will be constructed around the housing project borderline of 24-m width. Facility for solid waste management and other facilities has been made.

Will PRR happen or it’s a distant dream?

Nov 25,2017 / By Priyanka / No Comment

At this point in time, Bengaluru city is extremely overcrowded with congested road corridors and vehicular pollution. The Outer Ring Road (ORR), Bengaluru is one of the most affected roads, as it is used by the daily travelers from Doddaballapur Road, Bellary Road, Old Madras Road, Sarjapur Rd and NICE Ring Road (NRR) for their individual job locations in and around Bengaluru city. To ease the traffic movement on ORR, concerned authorities of the state has proposed the Peripheral Ring Road (PRR)

R Roshan Baig, Urban development minister, who is also the minister in charge of KUIDFC, said it was long-awaited project was executed and expected it will pick up in the coming days.

The PRR will connect four highways -Tumakuru Road, Ballari Road, Old Madras Road, and Hosur Road. The road will create smooth connectivity with Kanakapura Road and Mysuru Road, two other main highways linking to Tamil Nadu and Kerala

Central Government is discovering the PRR project. According to sources, the total project cost is estimated to be around Rs. 41,000 Crore. Once the project starts will take 36-40 months to complete the same as per information.

The project was first recommended in 2005. Issues which kept the project on hold so far are as follows the acquisition of land belonging to farmers, litigation, and the dearth of funds with Bangalore Development Authority (BDA). Later, a series of protests for reimbursement from the farmers whose lands were marked for acquisition kept the project at a standstill till now.

The project is now included under Bharat Mala Pariyojna. This is a project which was formed in order to develop the connectivity in the country through roads & highways along coastal areas, borders, tourist destinations, places of religious importance & district headquarters.

For the PRR, an SPV (Special Purpose Vehicle) has been formed together by BDA and KUIDFC (Karnataka Urban Infrastructure Development Finance Corporation) in order to raise finances and add further momentum to the project.

Moreover, the capital risk is partially shared by the government which will draw a number of bidders for this particular project. The Government is thinking of hybrid annuity based PPP model. Here, the developer bears 60 % of the project cost while the rest would be borne by the Centre.

Tag Archives: Bangalore development authority

Bengaluru’s PRR will be an Elevated Corridor now

Hennur flyover to be ready by December end

BDA to give residential projects another shot

Will PRR happen or it’s a distant dream?