ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

K-taka Govt Explores Land Sale to Finance B-luru Peripheral Road
ROADS & HIGHWAYS

K-taka Govt Explores Land Sale to Finance B-luru Peripheral Road

The Bengaluru Peripheral Ring Road is a significant project aimed at enhancing connectivity around the city and addressing traffic challenges. The government's consideration of land sale as a financing option reflects a commitment to finding innovative and sustainable funding solutions for key infrastructure initiatives.

The proposed funding strategy indicates a proactive stance by the Karnataka government in overcoming financial hurdles associated with large-scale infrastructure projects. By leveraging land assets, the government aims to secure the necessary funds for the successful implementation of the BPRR project, which is anticipated to have a transformative impact on the region's transportation network.

As urban centres like Bengaluru continue to grow and face increasing mobility demands, investments in infrastructure become imperative. The Karnataka government's exploration of alternative financing avenues underscores its dedication to advancing critical projects that contribute to the city's sustainable development and overall progress.

The Bengaluru Peripheral Ring Road is a significant project aimed at enhancing connectivity around the city and addressing traffic challenges. The government's consideration of land sale as a financing option reflects a commitment to finding innovative and sustainable funding solutions for key infrastructure initiatives. The proposed funding strategy indicates a proactive stance by the Karnataka government in overcoming financial hurdles associated with large-scale infrastructure projects. By leveraging land assets, the government aims to secure the necessary funds for the successful implementation of the BPRR project, which is anticipated to have a transformative impact on the region's transportation network. As urban centres like Bengaluru continue to grow and face increasing mobility demands, investments in infrastructure become imperative. The Karnataka government's exploration of alternative financing avenues underscores its dedication to advancing critical projects that contribute to the city's sustainable development and overall progress.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement