ADB funded 8 new mega townships

Q: I have read in some newspaper that ADB funded 8 new mega townships. How much the are planning to fund for the project?

Bharat Vasandana, Bangalore

1st February 2013

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new mega townships

new mega townships in bangalore

anti-development bank

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A study has been conducted by the Karnataka Urban Infrastructure and Finance Corporation (KUIFC) and the Bangalore Metropolitan Region Development Authority (BMRDA) on the clusters based on the population (as per 2011 census) in the remote areas of Bangalore city. The eight clusters are panned in the following areas: Kanakapura-Nelamangala, Doddaballapur, Anekal-Jigani-Attibele, Devanahalli-Vijayapura, Magadi Hoskote-Krishnarajapuram, Ramanagaram-Channapatna and Dobbspet-Peenya.

Venugopalan, Bangalore

3rd February 2013

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Where are the eight cluster coming up in Bangalore?

Bharat Vasandana, Bangalore

3rd February 2013

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The new residential and industrial township clusters are planned primarily to free the city from congestion. The township will be well linked by road and rail and the project is expected to get completed in a few years although the initial discussions with the ADB have just started.

Saran,

3rd February 2013

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Asian Development Bank (ADB) is going to fund as many as eight new mega residential and industrial township clusters that are coming up in and around Bangalore. ADB is expected to provide Rs 1400 crore funding.

Srinivas Rao , Bangalore

3rd February 2013

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