In the first phase, DPR for projects worth Rs 3,500 crore has been sent to the state government, where it is pending approval.

Another DPR for projects worth Rs 5,000 crore is being completed while DPRs for rest projects will get ready in the next couple of months.

The blueprint plan worth Rs 22,000 crore was recently announced by the government. The works would be completed over a period of three years.

“The work on preparing DPR is in an advanced stage,” BBMP commissioner Bharatlal Meena told Express. Under road development, there is a proposal for widening of 600 km of roads.

“There was no consistent planning and a sustained effort to bridge the gap of what exists and what is actually required. With this project we are concentrating on this,” said Meena.

Fund mobilisation

Fund mobilisation is not an issue because BBMP has got a commitment letter from HUDCO which has agreed to give Rs 2,200 crore.

Additionally, BBMP is expecting Rs 800 crore annually from property tax collection. The additional amount can be utilised in repaying the loan over a period.

With revised advertisement charges and trade licences, there will be no problem for funds.

Also, once the Akrama Sakrama scheme is in place, the BBMP can expect about Rs 4,000 crore to 5,000 crore in revenue. “Once the government approves, we will call tenders immediately,” added Meena.

What it involves

The projects include 12 signal-free corridors, 12 flyovers, 40 railway under-bridges and overbridges, development of 660 km of stormwater drains, 372 parks and development of 123 lakes in and around the city. Arterial roads and subarterial roads will be improved in the newly added areas.