Bengaluru to see Rs 73,600 crore infrastructure overhaul through new SPV



Bengaluru: For the primary time, Bruhat Bengaluru Mahanagara Palike (BBMP) could be endeavor a Rs 73, 600 crore price tasks beneath a particular objective automobile to execute 5 tasks equivalent to tunnel roads, vehicular flyovers, Mixed Metr-Highway Flyover challenge, a challenge to assemble 300-km of street adjoining to storm water drain and white topping of main roads.

Saying the Particular Objective Automobile within the finances presentation 2025-26 by the Particular Commissioner of Finance Dr Ok. Harish Kumar within the finances presentation on Saturday, acknowledged presently, a Detailed Mission Report has been ready at a octs of Rs 17, 780 crore for the development of tunnel street from Hebbal-Hosur alongside Nationwide Freeway-7.

In Addition, the finances acknowledged, one other Detailed Mission Report is being ready for tunnel street building from East-West area alongside Nationwide Freeway-4 passing by way of Bengaluru metropolis connecting Krishnaraja Puram to Mysuru street. The tunnel roads building is estimated to price 42,000 crore which will likely be applied by way of private-public participation.

The finances acknowledged the State Authorities has dedicated a assure of Rs 19,000 crores for tunnel roads. About 40 p.c of the tunnel street challenge will likely be financed by the State Authorities/BBMP by way of financial institution loans and the remaining 60 is anticipated from the Concessionaires.

One other challenge to decongest town roads, the finances stated, a challenge to assemble a 300-km street adjoining to the storm water drain estimated to price Rs 3,000. An Motion Plan is being formulated to develop the foremost roads beneath BBMP limits beneath White Topping.

As a part of the Vehicular flyovers challenge, the BBMP budgets satted to enhance connectivity between the outer and interior ring roads and town’s core areas, 110-km of city vehicular flyovers will likely be constructed. The challenge is estimated to price Rs 13, 200 crore to create sign free corridors throughout town.

The finances stated, BBMP collected property tax round Rs 4, 900 crore in 2024-25 which is the best within the nation for the second consecutive yr and BBMP expects income assortment of Rs 5, 716 crore in 2025-26.

So far as flooding of areas and roads in Bengaluru metropolis throughout monsoon, the finances stated to supply everlasting aid to flood-affected areas, efforts are underway with a challenge price of Rs 247.25 crore allotted for 205-26 beneath the Nationwide Catastrophe Aid Fund.

Bore-wells and the Reverse Osmosis Vegetation in BBMP jurisdiction will likely be handed over to Bengaluru Water Provide and Sewerage Board together with switch of all associated State Authorities funds and funds from different sources after deducting the pending upkeep bills.

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