Bengaluru-Chennai Expressway to be ready by March next year, says Nitin Gadkari

Union Minister for Road Transport and Highways Nitin Gadkari on Thursday said the new greenfield project- Bengaluru to Chennai Expressway at a cost of Rs 17,000 crore will be ready by March 2024.

The 285.3 km four-lane project will help save travel time, Gadkari told reporters after inspecting the project at Vadaganahalli near Hoskote on the city outskirts.

This will also help avoid delay in passing through major towns and congested areas, the Minister added.

Also Read: Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant 

"This Bharatmala project in Karnataka covering 71.7 km will cost Rs 5,069 crore," Gadkari said.

"By making this road we will reduce the logistic costs. Already 231 km construction is underway. By March, 2024 we want to complete this project," he added.

Gadkari said there is a forest land involved in this project regarding which he has spoken to Chief Minister Basavaraj Bommai for all clearances.

He also said an Amrit Mahotsav Bird Sanctuary and an Amrit Sarovar will also come up on this stretch.

Also Read: Budget 2023: Why investors should keep an eye on railway stocks ahead of Union Budget 

Regarding Mysuru-Bengaluru Highway, the Union Minister said it will be ready by next month and Prime Minister Narendra Modi will inaugurate it. The project once completed will reduce the travel time by one hour, 10 minutes.

The National Highways Authority of India (NHAI) will also take up the deepening of lakes as part of water conservation, Gadkari said.

Land acquisition is a major challenge before the NHAI due to high land value, he pointed out.

In order to minimise traffic congestion and pollution in Bengaluru, Gadkari recommended satellite townships along these highways.

According to him, the NHAI is taking up 8,005 km long projects in Karnataka worth Rs two lakh crore.

Click here to get more updates on Stock Market I Zee Business Live