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)

Next Story
Infrastructure Transport

HMRTC to Extend Metro from Gurugram to Jhajjar

The Haryana Mass Rapid Transport Corporation (HMRTC) is progressing with plans to extend the Gurugram Metro from Basai to Bhadsa in Jhajjar, with the ridership survey expected to be completed by the end of January, according to HMRTC officials. In March, the authority had requested Railway India Technical and Engineering Services (RITES) to conduct a ridership survey, which will play a crucial role in finalising the project. The proposed route, covering 23.1 km from Basai to Bhadsa, will alleviate heavy traffic on this stretch. The ridership survey will determine whether the extension should p..

Next Story
Building Material

Siam Cement BigBloc Construction bags Tata Project’s order

SIAM Cement BigBloc Construction Technologies, a joint venture between Gujarat based BigBloc Construction and Thailand’s SCG International Corporation, has secured a work order from Tata Projects for supply and installation of AAC Panels for India’s first Semiconductor unit of Micron India in Sanand, Gujarat. The work order of approx. 2 lakh square feet is for supply and installation of 100 mm AAC panels for Micron India’s semiconductor factory at Sanand. The work order was finalized after several rounds of meetings, thorough due diligence, and factory visits, including review of mock-u..

Next Story
Infrastructure Urban

Zoomlion Releases World's Tallest Straight Boom Aerial Work Platform

Zoomlion Heavy Industry Science & Technology has released a series of groundbreaking aerial work platform (AWP) products, including the world's tallest straight boom aerial work platform, the ZT82J, with a height of 82.3 m. These innovative products further solidify Zoomlion's leadership in the AWP sector and underscore its commitment to global market development. The ZT82J marks Zoomlion's third instance of setting a world record in straight boom AWP following the 68-meter and 72-meter products. The 82.3-meter AWP boasts a platform amplitude of 34.1 meters, a maximum working load of 454 kilog..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000