Karnataka completes 550 Smart City projects worth Rs 5,263.6 cr
SMART CITIES

Karnataka completes 550 Smart City projects worth Rs 5,263.6 cr

As per the Union ministry of housing and urban affairs data, Karnataka has completed 550 projects worth Rs 5,263.6 crore out of 828 projects worth Rs 17,533.5 crore.

Of the 262 ongoing projects of Rs 10,799.8 crore, another 15 of Rs 1,273.9 crore are at the tendering stage. Only one project in Mangaluru of Rs 196.3 crore is stuck at the detailed project report (DPR) stage.

As per a mid-March review by the Union ministry of housing and urban affairs, Karnataka has executed more than 66% of its 828 Smart City projects spread across seven places, including Bengaluru, while another 262 projects are in progress.

Urban development minister Byrathi Basavaraj told the media that more than 70% of Smart City works have been completed, and very few projects are remaining. The minister could not provide the break-up of projects instantly.

Rakesh Singh, the additional chief secretary of the urban development department, told the media that as per the Centre’s guidelines, all projects need to be finished by March 2023. One sports complex in Hubballi and a Mangaluru project may take some time.

Singh said that 35% to 50% of the projects involved modification of roads and took a lot of time as shifting of utilities posed a challenge, which may have caused inconvenience to people, but the work was quite challenging, and even the contractors were not very conversant as to what they were doing. In most projects work is progressing as per schedule.

The Centre, which launched the Smart Cities Mission (SCM) on June 25, 2015, has so far selected 100 smart cities via four rounds of competition between January 2016 and June 2018.

As of March 2022, the 100 smart cities have tendered out 6,928 projects of more than Rs 1.9 lakh crore; work orders have been issued in 6,282 projects worth more than Rs 1.6 lakh crore, and 3,576 worth Rs 59,958 crore have been achieved.

According to the guidelines, the government will provide financial aid to the extent of Rs 48,000 crore over five years, and an equal amount on a matching basis will be contributed by the Karnataka government and urban local body (ULB).

As of early March, the government had released Rs 29,213.6 crore for 100 smart cities, of which Rs 25,177.6 crore had been used.

Image Source

As per the Union ministry of housing and urban affairs data, Karnataka has completed 550 projects worth Rs 5,263.6 crore out of 828 projects worth Rs 17,533.5 crore. Of the 262 ongoing projects of Rs 10,799.8 crore, another 15 of Rs 1,273.9 crore are at the tendering stage. Only one project in Mangaluru of Rs 196.3 crore is stuck at the detailed project report (DPR) stage. As per a mid-March review by the Union ministry of housing and urban affairs, Karnataka has executed more than 66% of its 828 Smart City projects spread across seven places, including Bengaluru, while another 262 projects are in progress. Urban development minister Byrathi Basavaraj told the media that more than 70% of Smart City works have been completed, and very few projects are remaining. The minister could not provide the break-up of projects instantly. Rakesh Singh, the additional chief secretary of the urban development department, told the media that as per the Centre’s guidelines, all projects need to be finished by March 2023. One sports complex in Hubballi and a Mangaluru project may take some time. Singh said that 35% to 50% of the projects involved modification of roads and took a lot of time as shifting of utilities posed a challenge, which may have caused inconvenience to people, but the work was quite challenging, and even the contractors were not very conversant as to what they were doing. In most projects work is progressing as per schedule. The Centre, which launched the Smart Cities Mission (SCM) on June 25, 2015, has so far selected 100 smart cities via four rounds of competition between January 2016 and June 2018. As of March 2022, the 100 smart cities have tendered out 6,928 projects of more than Rs 1.9 lakh crore; work orders have been issued in 6,282 projects worth more than Rs 1.6 lakh crore, and 3,576 worth Rs 59,958 crore have been achieved. According to the guidelines, the government will provide financial aid to the extent of Rs 48,000 crore over five years, and an equal amount on a matching basis will be contributed by the Karnataka government and urban local body (ULB). As of early March, the government had released Rs 29,213.6 crore for 100 smart cities, of which Rs 25,177.6 crore had been used. Image Source

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App