Bangalore, Jun 12 (UNI) The Karnataka cabinet today approved a 165-km peripheral road project to be taken up at Rs 3,000 crore through Public-Private Participation (PPP) in the city, Minister for Rural Development and Panchayath Raj Shobha Karandlaje said.
Talking to newspersons after the cabinet meeting here, the minister said the road project would be executed by the Bangalore Development Authority (BDA).
The minister said the project was aimed at easing congestion of vehicular traffic entering Bangalore city from the western part of the state.
The 100 metre wide road would have 8 lanes and a provision for extension of two more lanes on either side. The state government had already acquired land for the 65-km in the first phase of the project, she said.
She added the new peripheral toll road would have separate lanes for passenger buses, trucks and smaller vehicles.
The cabinet also decided to hand over Rs 16 crore worth 2.5 acre 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 for the construction.
She said it also 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 arrives 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 guide the state government on the issue of regularaisation of illegal constructions pertaining to violation of building by-laws in all city corporations, city municipal councils and town municipal councils in the state.
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