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BBMP is aggressively pushing TDR to expedite road widening

No Comments Sub Category:Municipality,Realty News Posted On: Dec 01, 2010





Initially, this offer is only for property owners on Magadi Road who have to give up their land for road widening. The BBMP is now buying them from property losers to expedite road widening. The decision was taken during Tuesday’s inspection by H Ravindra, chairman, major works committee.

Ravindra assured the worried 232 property owners on that stretch that BBMP will purchase TDRs at the market rate. The stretch of 5.6km has been taken up for widening at a cost of Rs 40 crore. Road-widening work between Summanahalli and NICE Road junction will begin from Wednesday as property owners have agreed to part with their sections of their properties for TDRs and assurances from the BBMP.

There was also opposition to widening a particular stretch. The BBMP wanted to widen it to 150 feet, but later it has been reduced to 100 feet.

Times of India


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