Major boost for Karnataka highways
ROADS & HIGHWAYS

Major boost for Karnataka highways

Nitin Gadkari, Union Minister for Road Transport and Highways recently inaugurated and laid the foundation, virtually, of 33 National Highways (NH) projects in Karnataka.

The projects include 1,197 stretches of roads worth Rs 10,904 crore. Over 900 km NH length has been added in Karnataka in the last six years and totals 7,652 km now. A total of 71 works of 2,384 km are in progress, at a cost of Rs 37,311 crore, of which, more than 70% of progress has been achieved in 26 works of 1,127 km costing Rs 12,286 crore. Up to 70% progress has also been achieved in 45 works of 1,257 km amounting to Rs 25,025 crore.

Four-laning of the entire coastal road from Goa border to Kerala border connecting the port towns of Belekeri, Karwar and Mangalore covering 278 km have been taken up at a cost of Rs 3,443 crore. The work has substantially been completed. In view of commuter safety, three works have been sanctioned at Rs 115 crore, for improving the safety by placing measures on hill slopes in Shiradi Ghat on NH-75, Charmadi Ghat on Nh-73, and Sampaje Ghat on NH-275.

The Union Government is set to invest an amount of Rs 116,144 crore (approx) in Karnataka in the upcoming years. Eleven road projects of 275 km worth Rs 5,083 crore have been awarded to the state during FY 2019-20 and 2020-21.

CRF works worth Rs 8,330 crore have been sanctioned in the state till now. This year, the annual accrual stands at Rs 435 crore, while the total release is Rs 217 crore under CRF.

Nitin Gadkari, Union Minister for Road Transport and Highways recently inaugurated and laid the foundation, virtually, of 33 National Highways (NH) projects in Karnataka.The projects include 1,197 stretches of roads worth Rs 10,904 crore. Over 900 km NH length has been added in Karnataka in the last six years and totals 7,652 km now. A total of 71 works of 2,384 km are in progress, at a cost of Rs 37,311 crore, of which, more than 70% of progress has been achieved in 26 works of 1,127 km costing Rs 12,286 crore. Up to 70% progress has also been achieved in 45 works of 1,257 km amounting to Rs 25,025 crore. Four-laning of the entire coastal road from Goa border to Kerala border connecting the port towns of Belekeri, Karwar and Mangalore covering 278 km have been taken up at a cost of Rs 3,443 crore. The work has substantially been completed. In view of commuter safety, three works have been sanctioned at Rs 115 crore, for improving the safety by placing measures on hill slopes in Shiradi Ghat on NH-75, Charmadi Ghat on Nh-73, and Sampaje Ghat on NH-275. The Union Government is set to invest an amount of Rs 116,144 crore (approx) in Karnataka in the upcoming years. Eleven road projects of 275 km worth Rs 5,083 crore have been awarded to the state during FY 2019-20 and 2020-21. CRF works worth Rs 8,330 crore have been sanctioned in the state till now. This year, the annual accrual stands at Rs 435 crore, while the total release is Rs 217 crore under CRF.

Next Story
Real Estate

Sources Unlimited Launches Aurora Collection Inspired by Twilight

Sources Unlimited unveils the Aurora Collection, a luxury lighting series inspired by the soft glow before dawn. Featuring spherical forms and metallic accents, the collection plays with reflections and shadows, enhancing interiors with layered illumination. Designed for floors, tables, ceilings, and walls, Aurora seamlessly integrates into diverse spaces, from homes to hospitality settings. Now available at Sources Unlimited, the collection redefines lighting as an artistic medium, transforming spaces with warmth, nostalgia, and timeless beauty...

Next Story
Real Estate

Build Capital Exits Second SRA Project Investment Near BKC

Build Capital has successfully exited its investment in an SRA project near Bandra-Kurla Complex, marking another milestone in its structured real estate financing strategy. The early-stage investment helped the developer complete rehab work and align the project with DCPR 2034, enhancing total economics. With a 2.25 lakh sq. ft. development potential and projected revenue of over Rs 7.25 billion, the project generated a 19.76 per cent IRR with 100 per cent on-time interest payments. Commenting on the milestone, Kuldeep Jain, CEO of Build Capital, stated: “Our strategic funding and acti..

Next Story
Real Estate

Küche7 Unveils Affogato: A Fusion of Luxury and Function

Küche7, India’s luxury stainless steel kitchen specialist, has launched Affogato, a sculptural kitchen design that merges aesthetics with functionality. Featuring deep brown panels with a brownstone texture, a curved marble-topped island, and a seamlessly integrated gas cooktop, Affogato redefines culinary spaces. Thoughtfully designed storage ensures a clutter-free experience, while soft grey flooring and an inlaid ceiling complete its refined appeal. More than a kitchen, Affogato embodies slow li..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?