Bangalore, Jun 12 (UNI) The Karnataka Cabinet today approved 165-km peripheral road project to be taken up at a cost of Rs 3000 crores through public-private participation in the city, Minister for Rural Development and Panchayath Raj Shobha Karandlaje said today.
Briefing newsperson after the cabinet meeting here, Ms Karandlaje said that the new peripheral road project will be executed by Bangalore Development Authority (BDA) with private-public participation.
She said that the project envisaged to ease the congestion of vehicular traffic entering into Bangalore city from western part of the state. The 100 meter width road will have eight lanes and also provision for the extension for another two lanes on either side.
The state government had already acquired land for the 65-km first phase of the project she said.
She said that the new peripheral toll road, will have separate lanes for passenger buses, trucks and smaller vehicles which are approaching the city.
The Cabinet among other things also decided to hand over Rs 16 crore worth 2.5 acres of land in the vicinity of Kanteerava Studio to Dr Rajkumar Memorial Trust to build a befitting memorial in the name of thespian Dr Rajkumar. The state government had already released Rs 6 crore to the Trust towards the construction.
She said that the Meeting decided to constitute a cabinet sub-committee to advice the state government over the controversial Capital Value System (CVS) to collect property taxes in Bangalore Metropolitan area. "Till the cabinet sub-committee arrive at a comprehensive solution over the issue the present Self Assessment Scheme (SAS) will in force" she added.
The Cabinet also decided to constitute another Committee to suggest the state government on the issue of regularaisation of illegal constructions pertaining to violation of building by-laws in all the City Corporations, City Munciple Councils and Town Munciple Councils in the State.
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