Wednesday, 17 July 2013

Eight new residential clusters around Bangalore

 Eight new residential and industrial clusters will come up in and around Bangalore to Decongest the city and the Rs 2100 crore project will be taken up by the State Government with financial assistance from the Asian Development Bank 

The townships will be linked by rail and road and is expected to be completed in a few years although the preliminary discussions with the ADB are just underway, of the Rs 2100 crore required, the ADB is expected to provide Rs 1400 crores.

The clusters will include the industrial areas preseintly in their vicinity. The eight clusters are Ramanagaram – Channapatna, Kanakapura – Nelamangala, Dobbespet – Peenya, Doddaballapur, Anekal – Jigani – Attibele, Devanahalli – Vijaypura, Magadi and Hoskote - Krishanarajapuram

The Karnataka Urban Infrastructure and Finance Corporation and the Bangalore Metropolitan Region Development Authority have conducted a study on the clusters based on the population ( as per 2011 census ) in the outlying areas of Bangalore. While the present population is 1.01 crore, it is expected to be around 1.80 crores in 2030 and consequently will be the demand for housing.

The cabinet also approved upgradation of the existing highway between Hubli – Dharwad to a six-lane experessway at a cost of Rs 82 crores and the project is scheduled to be completed by January 2015. The public-private partnership project is part of the Bust Rapid Transit System between the two cities.