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
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement