Prestige to Build Rs 2 Billion Flyover in Bengaluru Tech Hub

10 Jul 2025 CW Team

Prestige Group is set to construct a 1.5-kilometre elevated road linking its upcoming tech park in Bellandur directly to Bengaluru’s Outer Ring Road (ORR), following approval from the Bruhat Bengaluru Mahanagara Palike (BBMP), the city’s civic body. The Rs 2 billion project will run adjacent to a public road and along a stormwater drain, as reported by Deccan Herald.

In return for permission to build on public land, Prestige has agreed to widen the congested Kariyammana Agrahara Road and fully fund the flyover using internal resources. The tech park, Prestige Beta, is being developed over 70 acres and is expected to accommodate over 5,000 employees once operational.

The company initially submitted its flyover proposal to BBMP in August 2022, revising it in late 2023 due to severe traffic congestion on access routes including Old Airport Road via Yemalur and Kariyammana Agrahara Road. Though building approval for the tech park was granted in September 2023, flyover clearance was delayed and only received in April 2025, reportedly after discussions involving Deputy Chief Minister D K Shivakumar.

As part of the agreement, BBMP mandated that the flyover must be accessible to the general public and not restricted to Prestige employees. Prestige will also be eligible for Transferable Development Rights (TDRs) for land surrendered for road expansion, subject to legal compliance.

Additionally, Prestige will finance a new 40-foot-wide connector road, reducing the commute to Sakra Hospital Road by approximately 2.5 km. According to the Technical Director of Bengaluru Smart Infrastructure Ltd, the project represents a model of public-private collaboration aimed at addressing infrastructure bottlenecks in the city’s key growth corridors.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..