Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

Long delay impacting Bangalore-Chennai Expressway prospects - Report

Infra News - Published on Tue, 19 Feb 2019

ToI reported that despite being the highest priority expressway network in India, the Bangalore-Chennai Expressway is still waiting to see the light of day. Although the central government is focussed towards making world-class expressways but delayed work on such crucial projects may mar the prospects of investments along this corridor. The Japan Chamber of Commerce and Industry in India has submitted their proposition to implement the Bangalore-Chennai Expressway project as early as February 2011. The National Highways Authority of India had conducted a study with the target completion till end of March, 2012.

The report said that land acquisition for the Bangalore-Chennai Expressway has been completed but nobody knows when the work on this long delayed project will start. The Government of India had prioritised the road sector in their 10th Five Year Plan (2002-2007) and 11th Five Year Plan (2007-2012).

For this project, nearly 2,600 hectares of land would be acquired in three states - Karnataka (800 hectares), Andhra Pradesh (900 hectares) and Tamil Nadu (900 hectares). A large number of buyers who have invested their hard-earned money along this corridor are stuck. They are facing the same dilemma that home buyers are facing along the Dwarka Expressway in Delhi-Gurgaon. Buyers have now made social media and WhatsApp groups to raise their concerns for delay in the work on the Bangalore-Chennai Expressway.

A special land acquisition officer handling the project in Bangalore, said that “We have awarded compensation to around 50% people living along the site. There are some court cases pending in the civil court which may take some time to clear. We expect the work to start on this project in another 5-7 months.”

Source :

Posted By : Rabi Wangkhem on Tue, 19 Feb 2019
Related News from Infra segment