Bengaluru Business Corridor: New 2029 Deadline, Rs 27,000 Cr Plan to Ease Traffic

• Bengaluru's long-delayed Peripheral Ring Road renamed Bengaluru Business Corridor, with a new 2029 deadline.
• The 73-km corridor aims to connect major roads, reduce traffic congestion, and improve city movement.
• Project cost estimated at Rs 27,000 crore, to be financed by a loan from HUDCO.
• Land acquisition remains a major hurdle, with farmers protesting inadequate compensation based on outdated guidance values.
• Government offers five compensation options, but many farmer groups have rejected them; project may proceed in phases.