Peripheral Ring Road Still A Long Way Ahead

By Author: new indian express
Total Articles: 12
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A major constraint in implementing the PRR project, they feel, is land acquisition as many farmers insist that they be provided compensation as against granting Transferable Development Rights (TDR).
On the other hand, officials at Karnataka Urban Infrastructure Development & Finance Corporation (KUIDFC) say that modalities of financing the project are yet to be finalised, as the SPV itself was formed recently.

The project was first proposed in 1995 to decongest traffic in the city. As per the plan, the eight-lane road starts at Makali in North Bengaluru and intersects Hosur Road near Hebbagodi.
Speaking to Express, Yelahanka MLA S R Vishwanath said that implementing agencies have been in a fix for the past several years. “While initial plans were to provide TDR for farmers and other land owners in exchange for their property, residents have not been receptive to the idea. They insist that they be provided compensation as per Land Acquisition Act, 2014,” he said.