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News Entry# 573132
Today (19:57) Namma Metro Orange Line Construction: Property Acquisitions and Toll Revenue Growth
Entry# 6214440   
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KIADB to issue preliminary notice for acquirement of properties IRB Infrastructure's toll revenue grows MMRDA grants two-month extension Gadkari launches Humsafar policy

The Bangalore Metro Rail Corporation Limited (BMRCL) is planning to acquire properties for the construction of the Orange Line of Namma Metro, connecting JP Nagar 4th Phase to Kempapura. The first package involves acquiring 299 private and 29 government properties for the elevated corridor from JP Nagar 4th Phase to Mysuru...
more...
Road. The Karnataka Industrial Area Development Board (KIADB) will issue preliminary notification for property acquisition. The notice is expected in a few weeks, allowing property owners to raise objections. There are no high-rise buildings in the way of the alignment, but several three-storey commercial buildings exist. IRB Infrastructure reported a 19% increase in toll revenue collection in September 2024, reaching ₹502 crore. The rise is attributed to strong performance in highway and toll projects, driven by increased use of national and state highways. The Mumbai Metropolitan Region Development Authority (MMRDA) granted a two-month extension for Rs. 14,000 crore road projects after a legal challenge from Larsen & Toubro (L&T). This extension is due to delays caused by contractual disagreements between L&T and the MMRDA. Union Minister Nitin Gadkari launched the Humsafar policy, aiming to improve facilities along India's national highways, enhancing safety and comfort for travelers by offering a wide range of services.

Bangalore Metro Rail Corporation Limited (BMRCL) Namma Metro ke Orange Line, JP Nagar 4th Phase se Kempapura tak, ke liye property acquire karne ki planning kar rahi hai. Pehle package mein JP Nagar 4th Phase se Mysuru Road tak elevated corridor banane ke liye 299 private aur 29 government property...
more...
acquire kiye jaayenge. Karnataka Industrial Area Development Board (KIADB) property acquisition ke liye preliminary notification issue karega. Kuch hafta mein notification aa jaayega, jisse property owners objections raise kar sakte hain. Alignment mein koi high-rise building nahi hai, lekin kai three-storey commercial buildings hain. IRB Infrastructure ne September 2024 mein toll revenue collection mein 19% ki badhotari report ki hai, jo ₹502 crore tak pahunch gaya hai. Yeh badhotari highway aur toll projects ke strong performance se hui hai, jiska main reason national aur state highways ka zyada use hai. Mumbai Metropolitan Region Development Authority (MMRDA) ne Larsen & Toubro (L&T) ke legal challenge ke baad Rs. 14,000 crore road projects ke liye do mahine ka extension diya hai. Yeh extension L&T aur MMRDA ke beech contractual disagreements ke wajah se hui delays ki wajah se diya gaya hai.
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