The Karnataka government has planned massive development in the real estate sector along the proposed Peripheral Ring Road (PRR), Now renamed The Bengaluru Business Corridor (BBC).
The move is aimed at reducing the hefty land acquisition cost of Rs 21,000 crore. The total cost of the project is Rs 27,000 crore.
The PRR, which will encircle the outskirts of the city, aims to ease traffic congestion and improve connectivity in the region. It will pass through over 100 minor intersections and 10 major junctions, with 16 flyovers strategically placed at key locations such as Hesaraghatta Road, Old Madras Road, Whitefield Road, Channasandra Road, and Hosur Road.
The decision was taken after the Bangalore Development Authority (BDA) repeatedly failed to attract bidders for the project as private companies were not willing to bear the cost of land acquisition.
Deputy Chief Minister and Bengaluru Development Minister D K Shivakumar, in a recent meeting chaired by Chief Minister Siddaramaiah, directed the BDA to explore the latest financing measures to ensure the viability of the PRR. The BDA will hand over the project to private players under the new proposal, using the Build, Own, Operate, and Transfer (BOOT) model, The Hindu reported.
The commercial development plan will further reduce the RoW. Initially, the PRR was built with 100 meters of RoW, with eight main lanes and three service lanes on either side.
It was reduced by 75 meters last year. Now the RoW will be reduced to 55-60 meters, with only one service road and eight main lanes on one side. The remaining 40-45 meters will be developed for commercial purposes.
Bengaluru Peripheral Ring Road
This ambitious project will enhance the city’s transport network, which includes 16 flyovers, 10 overpasses, and 12 underpasses. In addition, the plan will build bridges over seven major water bodies (Chikkathogur Lake, Gunjur Lake, and Jarakabande Lake), which will further facilitate seamless connectivity.
The project includes six cloverleaf-type over bridges, which provide efficient crossing solutions without congestion and solve traffic complexities.
The design made public by the BDA depicts a 100-metre-wide greenfield expressway. It includes green spaces, utilities, underground cables, footpaths, cycle tracks and drains.
The eight-lane main carriageway will be flanked by service roads on either side, with a large middle portion reserved for possible integration with the metro project in the future.
The project seamlessly connects 65.95 km (3.4 km from Madanayakanahalli and 4.08 km from Hebbagodi) of roads between Hosur Road and Tumakuru Road into the PRR network.
