Bangalore has been the fastest growing and most liveable city as per recent reports, realising the protentional of the capital, and other urban centres of state, state government has made several investment announcements.
Some of major announcements pertaining to Bangalore include, traffic congestion reduction by 65 Km long and 100 meters wide peripheral ring road project which was stalled since 2006, will be taken up, with new tendering process incorporating swiss challenge method under PPP model, where acquisition costs are partly taken by private partners.
Bengaluru Sub-Urban Rail, which has received go-ahead from CEA (Cabinet committee of Economic Affairs), will be completed in next 5-6 years at cost of Rs. 15,767 crore, of which Rs. 850 crore is granted in state budget 2021-22.
Another Rs. 813 crore is allotted for doubling rail services in between Yeshwanthpura-Channasandra and Byappanahalli-Hosur divisions, which will be taken by K-RIDE (Karnataka Railway Infrastructure Development Company Limited).
Kempegowda International Airport has also seen completion of second runway at cost of Rs. 2708 crore, which is operational from this year, and another terminal will be completed this year att cost of Rs. 4751 crore.
Amount of Rs. 168 crore has been allotted to develop business park of international standards next to airport, as suggested by state industrial corporation.
State government has also released Rs. 1600 crores for pre-project activities land-acquisition, utility shifting and design of ORR – Airport Metro Rail Network, of phase 2A and 2B of Bengaluru Metro, the project will be soon approved by central government.
Allotments to connect metro stations to railway stations were made, Three foot over-bridges (FOB) connecting metro and railway stations at Yeshwanthpura, K.R.Puram and Jnanabharathi, two foot over-bridges in Dasarahalli and Chikkabidarakallu on NH-4 line and seven foot over-bridges across Hosur road.
All 51 station in Bengaluru metro will be ready to accept one nation one card, by August 2021, and automatic fare collection will also be updated in city buses.
Bengaluru Water Supply and Sewerage Board (BWSSB) is allotted Rs. 450 crore to upgrade 248 MLD STP at KC Valley.
Several recreational infrastructure investments were also announced, includes Koramangala Rajakaluve development project, which is converted to freshwater canal and a tourism spot, and a tree park like forest experience will be opened in 105 acre land belonging to NGEF at Byappanahalli and the existing sheds of the factory would be used as theme to portray the rich heritage, culture and industrial glory of the city.
Another important tourism infrastructure development include, developing “Experience Bengaluru Center” in Malleshwaram, depicting the culture of Karnataka. and also a lung-space will be developed in surrounding area.