The Karnataka Cupboard Thursday cleared the proposal for components of two metro corridors in Bengaluru to return up within the double-decker mannequin, comprising metro viaducts and elevated roads. The challenge is estimated to price Rs 9,700 crore.
Addressing a information convention, Legislation and Parliamentary Affairs Minister H Okay Patil stated the double-decker metro line will run a complete size of 37.121 km. The primary half might be from JP Nagar Fourth Stage to Hebbal, and the second might be from Hosahalli to Kadabagere.
The price of the challenge might be shared by the federal government, civic physique, and by elevating loans. Whereas the federal government will contribute 50 per cent of the challenge price, the native physique will bear 10 per cent and the remaining price might be raised as loans, he stated.
One other choice of the Cupboard was at hand over developed bulk land to property homeowners whose land was acquired by the Karnataka Housing Board at Chikkajala and Meenakunte, situated at Yelahanka taluk within the northern a part of the town. The developed bulk land might be shared by the homeowners and the Board in a 50:50 ratio, Patil stated.
The Board will associate with non-public builders within the portion held by it to develop an built-in hi-tech township, the minister stated. The event in a complete space of 43 acres might be at a value of Rs 2,930 crore, he additional stated.
The Cupboard additionally permitted Rs 956.67 crore for the development of six sewage therapy vegetation (STPs) in numerous components of Bengaluru. The STPs will come up at Madiwala at a value of Rs 244.32 crore, Kadubeesanahalli (Rs 191.65 crore), Kadugodi (Rs 104.7 crore), Koramangala (Rs 95.41 crore), Basavapura (Rs 59.36 crore), and Bellandur Amani Khane (Rs 261.23 crore).
The funds allotted will cowl the development of those STPs, together with operation and upkeep of those models for a seven-year interval, Patil stated.