Centre Reviews Urban Missions, Metro Projects in Bengaluru
27 May 2025
2 Min Read
CW Team
Union Minister of Housing and Urban Affairs and Power, Shri Manohar Lal, reviewed the progress of major urban development missions in Bengaluru today.
The meeting was attended by senior officials including Shri Byrathi Suresh, Karnataka鈥檚 Minister for Urban Development and Town Planning; Shri Rahim Khan, Minister for Municipal Administration; Shri B Z Zameer Ahmad Khan, Minister for Housing; Shri K J George, Minister for Energy; and Additional Chief Secretary Shri Tushar Giri. Officials from the Ministry of Housing and Urban Affairs also participated.
The Union Minister expressed satisfaction with the ongoing progress across various urban schemes. He confirmed that the revised cost estimate for Bengaluru Metro Phase-2 will be considered by the Central Government once it receives formal approval from the State Cabinet.
He noted that currently around 75 km of metro network is operational in Bengaluru, with 145 km under construction. The Central Government recently approved 45 km of Phase-3 at a cost of Rs 156 billion.
The Karnataka Government has now submitted a proposal for Phase-3A, spanning 37 km, with an estimated cost of Rs 284 billion. The Union Minister stated that the cost estimate must be reviewed by a technical agency, and the project will be taken up for central approval once Karnataka submits the necessary reply.
Shri Manohar Lal also urged the state to prioritise legacy waste management and promote the reuse of treated wastewater, calling it essential for sustainable urban development.
He advocated for permitting higher Floor Area Ratios (FAR) along mass transit corridors to reshape urban growth patterns, reduce road congestion, and encourage the use of public transport.
On Karnataka鈥檚 request for additional funds beyond existing central schemes, the Minister encouraged the state to undertake reforms necessary to qualify for the 50-year interest-free loan under the Special Assistance to States for Capital Investment (SSASCI) 2025鈥�26 scheme.
Union Minister of Housing and Urban Affairs and Power, Shri Manohar Lal, reviewed the progress of major urban development missions in Bengaluru today.The meeting was attended by senior officials including Shri Byrathi Suresh, Karnataka鈥檚 Minister for Urban Development and Town Planning; Shri Rahim Khan, Minister for Municipal Administration; Shri B Z Zameer Ahmad Khan, Minister for Housing; Shri K J George, Minister for Energy; and Additional Chief Secretary Shri Tushar Giri. Officials from the Ministry of Housing and Urban Affairs also participated.The Union Minister expressed satisfaction with the ongoing progress across various urban schemes. He confirmed that the revised cost estimate for Bengaluru Metro Phase-2 will be considered by the Central Government once it receives formal approval from the State Cabinet.He noted that currently around 75 km of metro network is operational in Bengaluru, with 145 km under construction. The Central Government recently approved 45 km of Phase-3 at a cost of Rs 156 billion.The Karnataka Government has now submitted a proposal for Phase-3A, spanning 37 km, with an estimated cost of Rs 284 billion. The Union Minister stated that the cost estimate must be reviewed by a technical agency, and the project will be taken up for central approval once Karnataka submits the necessary reply.Shri Manohar Lal also urged the state to prioritise legacy waste management and promote the reuse of treated wastewater, calling it essential for sustainable urban development.He advocated for permitting higher Floor Area Ratios (FAR) along mass transit corridors to reshape urban growth patterns, reduce road congestion, and encourage the use of public transport.On Karnataka鈥檚 request for additional funds beyond existing central schemes, the Minister encouraged the state to undertake reforms necessary to qualify for the 50-year interest-free loan under the Special Assistance to States for Capital Investment (SSASCI) 2025鈥�26 scheme.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
