+
Karnataka Govt Allocates Rs 70 Bn to Boost Bengaluru's Infrastructure
Real Estate

Karnataka Govt Allocates Rs 70 Bn to Boost Bengaluru's Infrastructure

Karnataka Chief Minister Siddaramaiah has announced a Rs 70 billionbudgetary allocation to upgrade Bengaluru’s infrastructure, more than doubling last year’s Rs 30 billion. The funding will drive transport, drainage, and urban development projects to enhance the city’s livability and economic growth.

Key Infrastructure Initiatives Rs 89 billion for a 40.5 km double-decker flyover alongside Namma Metro Phase-3, easing traffic congestion. Rs 30 billion for a 300 km road network along canal buffer zones to improve connectivity. Rs 18 billion allocated for 21 projects under the Brand Bengaluru initiative for 2024-25. Bengaluru Metro expansion to 98.60 km within two years, with a focus on connectivity to Devanahalli Business Park and two upcoming IT parks. Rs 30 billion set aside for drainage and sewage infrastructure, managed by BBMP and BWSSB. Peripheral Ring Road project renamed as Bengaluru Business Corridor, with 27,000 crore allocated and land acquisition in progress. The 73 km road will be funded with assistance from HUDCO Bank. Strategic Development and Economic Growth Bengaluru, home to over 875 Global Capability Centres (GCCs), is set to benefit from a Special Purpose Vehicle (SPV) to ensure efficient fund utilization and expedite priority projects.

The city's commercial corridor linking Karnataka with Andhra Pradesh and Tamil Nadu will see major improvements, boosting investment and economic activity.

These ambitious projects reaffirm the Karnataka government’s commitment to transforming Bengaluru into a world-class metropolis with robust infrastructure and sustainable urban planning.

Karnataka Chief Minister Siddaramaiah has announced a Rs 70 billionbudgetary allocation to upgrade Bengaluru’s infrastructure, more than doubling last year’s Rs 30 billion. The funding will drive transport, drainage, and urban development projects to enhance the city’s livability and economic growth. Key Infrastructure Initiatives Rs 89 billion for a 40.5 km double-decker flyover alongside Namma Metro Phase-3, easing traffic congestion. Rs 30 billion for a 300 km road network along canal buffer zones to improve connectivity. Rs 18 billion allocated for 21 projects under the Brand Bengaluru initiative for 2024-25. Bengaluru Metro expansion to 98.60 km within two years, with a focus on connectivity to Devanahalli Business Park and two upcoming IT parks. Rs 30 billion set aside for drainage and sewage infrastructure, managed by BBMP and BWSSB. Peripheral Ring Road project renamed as Bengaluru Business Corridor, with 27,000 crore allocated and land acquisition in progress. The 73 km road will be funded with assistance from HUDCO Bank. Strategic Development and Economic Growth Bengaluru, home to over 875 Global Capability Centres (GCCs), is set to benefit from a Special Purpose Vehicle (SPV) to ensure efficient fund utilization and expedite priority projects. The city's commercial corridor linking Karnataka with Andhra Pradesh and Tamil Nadu will see major improvements, boosting investment and economic activity. These ambitious projects reaffirm the Karnataka government’s commitment to transforming Bengaluru into a world-class metropolis with robust infrastructure and sustainable urban planning.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code