Bangalore: State Govt. approves two metro corridors under PPP mode

The Karnataka government has affirmed a proposition of creating two metro passageways under the Phase 2 of Bangalore Metro rail venture. These passages will be created through Public-Private Partnership (PPP) mode.

In the as of late introduced State Budget for FY2020-21, the Karnataka government has declared that the Outer Ring Road (ORR) West metro and Magadi Road Metrolite hallways would be created under the PPP mode.

Prestige Constructions and Godrej Properties are coming up with many residential project such as Godrej Royale Woods in Devanahalli, Prestige Smart City Sarjapur road, Prestige Primrose Hills Kanakapura road. One can invest into it as these are coming up near to the upcoming metro lines.

Prestige Smart City

It is the first occasion when that the administration is utilizing the open private course for the development of metro halls. Under the PPP mode, the State government will choose an organization and will welcome it to develop and work the endorsed passages.

The ORR metro hall will associate Hebbal and JP Nagar, which thus will decrease blockage out and about. Both the passageways will be created under Phase 2 of the Bangalore Metro rail venture. The Bangalore Metro Rail Corporation (BMRC) is the taking care of body of the venture.

As indicated by a senior BMRC official, the point by point venture report (DPR) of the 30 km-long ORR-West metro line and 14 km-long Metrolite line will be prepared in a couple of months. Regardless of whether the private firm will totally manufacture, work and keep up the passages, will be chosen remembering the budgetary practicality of the undertaking.