- Cites issuing TDR as huge burden to exchequer
- No road expansion to Kempegowda Intl. Airport
- Emergency Cabinet meeting at 3 pm today
Bengaluru / Mysuru: The State Government has decided to drop the proposal to widen Ballari Road and Jayamahal Road in Bengaluru, which would have required acquiring parts (about 15 acres) of Bangalore Palace Grounds owned by the erstwhile Royal Family of Mysore. The road widening plan, initially notified 15 years ago, has been deemed unviable due to the Supreme Court’s decision to fix the Transferable Development Rights (TDR) value at approximately Rs. 3,011 crore, a rate on par with market value.
