Karnataka Cabinet Clears 117-Km Bengaluru Business Corridor Project, To Cut City Traffic By 40 Per Cent

The Karnataka cabinet has approved the ambitious 117-kilometre Bengaluru Business Corridor, a long-stalled infrastructure project rebranded from the Peripheral Ring Road.

The initiative aims to reduce the city's traffic congestion by 40 per cent and is set for completion within two years.

Deputy Chief Minister DK Shivakumar announced the development following a cabinet meeting, calling it a historic step towards decongesting the city.

The corridor will have six lanes of main carriageway with two-lane service roads on either side, while a five-metre corridor is reserved for a future metro line.

The project will be executed by the Bengaluru Development Authority.

A total of 2,560 acres of land spread across 67 villages has been acquired from around 4,000 farmers.

To address compensation disputes, the government has introduced five options for affected landowners.

Cash compensation will be double the market price in urban areas and triple in rural areas.

Other options include Transfer Development Rights, additional Floor Area Ratio, and developed land in residential or commercial layouts.

Originally estimated at Rs 27,000 crore, the project is now expected to cost nearly Rs 10,000 crore less as more farmers are likely to opt for land compensation.

The government plans to fund the initiative through a loan from the Housing and Urban Development Corporation Limited.

If landowners refuse to surrender property, compensation will be deposited in court while the project proceeds without de-notifying any land.

However, farmers losing less than 20 guntas of land will receive only cash compensation, with these options reserved for those giving up larger plots.

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