Residents fume over Sasthan Toll Center again: Kota bandh
Udupi: Opposing alleged Inadequate and unscientific work of the highway and toll collection from local vehicles, resident staged a protest near Sasthan Toll Center on Friday.
MP Shobha Karandlaje, opposition leader in legislative council Srinivas Poojary, Kundapur MLA Haladi Srinivas Shetty, Udupi MLA Raghupathi Bhat, Kapu MLA Lalaji Mendon, ZP President Dinakar Babu, INTEK state President Ramesh Malli, Rakesh Malli, BJP District President Muttaru Rathnakar Hegde, Kemaru Sri Esh Vittaldas Swamiji, Balakudre Mutt seer, Maulana Irfan Alam of Sastana Mosjid, F.John Walter Mendonca of Sastana Church, President of District Lorry Owners' Association Rajesh Kaveri , District Taximen Association President Ramesh Kotian and others participated in the protest.
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Bengaluru: Namma Metro plans 11-storey parking, commercial hub at KR Puram
Bengaluru: Namma Metro is reportedly planning to develop an expansive parking facility and commercial space near the KR Puram station as part of an integrated property development initiative to increase non-fare revenue.
The greenfield project will feature an 11-storey building, plus ground floor and two basements. This facility will be located merely 50 metres from the forthcoming interchange metro station connecting the Purple and Blue lines, according to a report by Deccan Herald published on Monday.
Raghavendra Rao, Deputy Chief Engineer (Property Development Division), Bangalore Metro Rail Corporation Limited confirmed that the project would be developed under a public-private partnership (PPP) model, with a tenure of 30 years. He told DH that the parking facility would occupy the two basement levels, while the upper floors would be designated for commercial use, offering opportunities for office spaces, retail outlets, and shopping malls.
The BMRCL anticipates substantial revenue from this venture, including an upfront non-refundable premium of Rs 10 crore, along with a minimum of Rs 2 crore in annual licence fees, Rao added.
Requests for proposals for the project have already been invited, with the final date for bid submissions set for May 13, 2025. The report mentioned that the the successful bidder will design, finance, build, operate and transfer the project, which will be valid for 30 years, including two years of construction.
The project is expected to be ready by 2027.
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