Bengaluru is set to get a 40-km tunnel road soon, which will significantly reduce traffic jams. The Detailed Project Report (DPR) for the tunnel road has already been prepared by the BBMP.
Bengaluru’s upcoming 40-km tunnel road will consist of two major corridors. The 18-km-long north-south corridor will connect Hebbal flyover in the north to Silk Board junction in the south. The 22-km-long east-west corridor will link K R Puram in the east to Mysore Road in the west.
A feasibility study conducted by a consultant revealed that a single-tube tunnel would be more cost-effective compared to a twin-tube tunnel.
The Bruhat Bengaluru Mahanagara Palike (BBMP) plans to raise a loan of Rs 19,000 crore from the open market. This helps in the construction of a 40 km-long twin-tube tunnel road network in Bengaluru.
This move follows the government's approval of a similar Rs 27,000 crore sovereign guarantee loan from the Housing and Urban Development Corporation Limited (HUDCO) for the 73 km-long Peripheral Ring Road (PRR).
For the tunnel road project, the state government will act as a guarantor for the Rs 19,000 crore loan. If BBMP secures private investment, a portion of the loan will be allocated to fund an underground road between KR Puram and Nayandahalli.
The development follows the completion of the detailed project report (DPR) for the Silk Board-Hebbal section. However, the project has faced criticism from some activists concerned about its potential environmental and hydrological impact on the city.
The BBMP plans two stretches of underground roads as part of the tunnel road project. The first phase will focus on the North-South corridor, which will connect the Esteem Mall junction in Hebbal to the KSRP premises at Silk Board.
The estimated cost for the first phase is Rs 16,500 crore, excluding land acquisition costs. The BBMP aims to provide Rs 6,500 crore as viability gap funding (VGF) and expects private players to contribute the remaining funds.
In the second phase, BBMP proposes a 28-km underground road connecting KR Puram to Nayandahalli. The estimated cost for this phase is Rs 25,000 crore. The BBMP has yet to begin the work on preparing the Detailed Project Report (DPR) for this section.
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