HUDCO commits full funding for Rs 270 billion BBC project
ECONOMY & POLICY

HUDCO commits full funding for Rs 270 billion BBC project

The Bengaluru Business Corridor (BBC) project has received a major boost as the Housing and Urban Development Corporation Limited (HUDCO) confirmed it will provide 100% funding for the Rs 270 billion initiative.

On November 4, the Bangalore Development Authority (BDA) appointed eight new land acquisition officers to speed up the land acquisition process for the ambitious 73-kilometre corridor. Additionally, new offices will be set up at Yelahanka and in three other locations near the 76 villages from which land will be acquired.

A meeting to review the project’s progress was held with L.K. Atheeq, Additional Chief Secretary to the Chief Minister and Chairman of the Special Purpose Vehicle (SPV) formed for the BBC, alongside Vice-Chairman N.A. Harris. The meeting included senior BDA officials and the Deputy Commissioners of Rural and Urban Bengaluru, focusing on streamlining land acquisition and addressing the project's current challenges.

One such challenge is the slow transfer of government land. A 2022 government order mandates the BDA receive 193 acres of land for the project at no cost, but the handover has been delayed. Officials are urging Deputy Commissioners to expedite the process to avoid further setbacks.

Compensation for over 4,000 affected landowners is also a key concern. The land in these areas has been divided among multiple families over time, complicating the identification of rightful recipients. To ease the process, the BDA plans to set up new offices closer to the acquisition sites, ensuring residents do not need to travel to the BDA head office for compensation matters.

The BDA aims to complete the land acquisition and compensation processes within the next six months. Construction tenders will be issued only once funding and land acquisition are finalised.

The Rs 270 billion project will span 2,560 acres and connect Tumakuru Road to Hosur Road, passing through major roads including Doddaballapur, Bellary, and Old Madras Roads. Designed to alleviate traffic congestion and improve connectivity around Bengaluru’s periphery, the corridor will pass through 10 major junctions and more than 100 minor intersections.

The plan includes 16 flyovers, 10 overpasses, and 12 underpasses, enhancing the city’s transportation network. Notably, seven bridges will be built over water bodies like Chikkatogur, Gunjur, and Jarakabande Lakes. To address traffic complexities, the corridor will feature six cloverleaf-type overbridges for efficient crisscrossing without congestion.

The main eight-lane carriageway will be flanked by service roads and a broad median, which could later integrate with Bengaluru’s metro system. The project covers 65.95 km between Hosur Road and Tumakuru Road, with additional links near Madanayakanahalli and Hebbagodi to ensure smooth integration with the city’s Peripheral Ring Road (PRR) network. (Swaragrajmagazine)

The Bengaluru Business Corridor (BBC) project has received a major boost as the Housing and Urban Development Corporation Limited (HUDCO) confirmed it will provide 100% funding for the Rs 270 billion initiative. On November 4, the Bangalore Development Authority (BDA) appointed eight new land acquisition officers to speed up the land acquisition process for the ambitious 73-kilometre corridor. Additionally, new offices will be set up at Yelahanka and in three other locations near the 76 villages from which land will be acquired. A meeting to review the project’s progress was held with L.K. Atheeq, Additional Chief Secretary to the Chief Minister and Chairman of the Special Purpose Vehicle (SPV) formed for the BBC, alongside Vice-Chairman N.A. Harris. The meeting included senior BDA officials and the Deputy Commissioners of Rural and Urban Bengaluru, focusing on streamlining land acquisition and addressing the project's current challenges. One such challenge is the slow transfer of government land. A 2022 government order mandates the BDA receive 193 acres of land for the project at no cost, but the handover has been delayed. Officials are urging Deputy Commissioners to expedite the process to avoid further setbacks. Compensation for over 4,000 affected landowners is also a key concern. The land in these areas has been divided among multiple families over time, complicating the identification of rightful recipients. To ease the process, the BDA plans to set up new offices closer to the acquisition sites, ensuring residents do not need to travel to the BDA head office for compensation matters. The BDA aims to complete the land acquisition and compensation processes within the next six months. Construction tenders will be issued only once funding and land acquisition are finalised. The Rs 270 billion project will span 2,560 acres and connect Tumakuru Road to Hosur Road, passing through major roads including Doddaballapur, Bellary, and Old Madras Roads. Designed to alleviate traffic congestion and improve connectivity around Bengaluru’s periphery, the corridor will pass through 10 major junctions and more than 100 minor intersections. The plan includes 16 flyovers, 10 overpasses, and 12 underpasses, enhancing the city’s transportation network. Notably, seven bridges will be built over water bodies like Chikkatogur, Gunjur, and Jarakabande Lakes. To address traffic complexities, the corridor will feature six cloverleaf-type overbridges for efficient crisscrossing without congestion. The main eight-lane carriageway will be flanked by service roads and a broad median, which could later integrate with Bengaluru’s metro system. The project covers 65.95 km between Hosur Road and Tumakuru Road, with additional links near Madanayakanahalli and Hebbagodi to ensure smooth integration with the city’s Peripheral Ring Road (PRR) network. (Swaragrajmagazine)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code