tendering · stage 3 of 7

Bengaluru Business Corridor (Peripheral Ring Road)

BDA · 73.5 km, 8-lane access-controlled expressway connecting NH44, NH75 and NH648 via Tumkur Road, Mysuru Road and Old Madras Road in an outer arc around the city; PPP-DBFOT model with a 50-year toll concession Also called Peripheral Ring Road, PRR.

Latest cost
₹21,091 cr

sanctioned, Feb 2022

Last checked
20 Sept 2026

re-checked every quarter

Not on record yet: original deadline, current deadline. Missing data is shown, not guessed.

What's pending

Package 1 (Tumkur Road–Bellary Road, 19.80 km, ~₹3,348 cr estimated) drew bids from two firms — Shankara Narayana Constructions and Vishwa Samudra Engineering — on 2026-05-08, but award finalisation was still pending as of 2026-08-26. This is BDA's third attempt at tendering the project: the first two rounds drew no response over unresolved farmer land-compensation terms. Underlying land acquisition has a long history of moving very slowly: a Supreme Court order of 2021-10-26 recorded that only 3 acres 21 guntas of the 1,810 acres 18.5 guntas notified for PRR Part 1 had actually been taken possession of at that point (0.19%), before the Court directed the state and BDA to proceed.

History

  1. Stalled

    Supreme Court order recorded that of the 1,810 acres 18.5 guntas notified for PRR Part 1, only 3 acres 21 guntas had actually been taken possession of; the Court directed the state government to hand over notified government land to BDA and directed BDA to simultaneously pass awards and take possession of notified land. [1]

  2. Sanctioned

    Karnataka Cabinet approved the Peripheral Ring Road project at an estimated cost of ₹21,091 crore under a 50-year build-operate-transfer concession. [2]

  3. sanctioned

    ₹21,091 cr whole project [2]

    Funder: private · FY 2021-22

    Context

    Karnataka Cabinet approval for the full project under a PPP-BOT model; land acquisition alone (over ₹15,000 cr of this total) was to be funded upfront by the concessionaire per this reporting

  4. announced

    ₹27,000 cr whole project [3]

    Funder: state · FY 2025-26

    Context

    Public-Private Partnership (DBFOT) model — land acquisition (reported separately at roughly ₹21,000 cr) is state-funded, construction is financed by the concessionaire against toll revenue; the funding split behind this ₹27,000 cr total figure is not fully confirmed from a primary document

  5. Bid received

    Two firms — Shankara Narayana Constructions and Vishwa Samudra Engineering — submitted bids for Package 1 (Tumkur Road–Bellary Road, 19.80 km, ~₹3,348 cr). [4]

  6. bid received

    ₹3,348 cr Part figure: Package 1 only (Tumkur Road–Bellary Road, 19.80 km) [4]

    Funder: private · FY 2026-27

    Context

    Package 1 only (Tumkur Road–Bellary Road, 19.80 km) — not the full corridor; award not yet finalised as of the as_of date

Sanctioned, released and spent are different things: an allocation is not evidence money was spent. Part figures cover one contract, loan or package and are never used as the project's cost.

Sources

medium confidence This page is based on news reports or an agency's own report, not yet an official document.

  1. Bangalore Development Authority vs State Of Karnataka — Supreme Court of India order, 26 October 2021 (hosted on Indian Kanoon)Supreme Court of India (via Indian Kanoon) · agency report
  2. Karnataka Govt Approves ₹21,091cr Peripheral Ring Road Project In Bengaluru, Concessionaire To Be Granted 50 Year 'Build-Operate-Transfer' ContractSwarajya · news
  3. Peripheral Ring Road project: BDA issues tender for 3rd timeDeccan Herald · news
  4. Bengaluru Business Corridor Package 1 Nears Award: What Buyers Near the Ring Should Know (updated 2026-08-26)PropNewz · news
Notes and caveats

First BDA / roads record on this site. Corporation set to North as a placeholder for Package 1's Tumkur Road–Bellary Road alignment — the full 73.5 km corridor rings the city and touches most corporations; not yet mapped to wards. Originally notified 2007, revived 2022, and rebranded from "Peripheral Ring Road" to "Bengaluru Business Corridor" in 2024–25 — no single clean sanction_date has been located across this history (the 2022-02-09 cabinet approval below is one well-documented milestone, not necessarily "the" sanction), so the field is left blank rather than picking one arbitrarily. Cost history now on file: ₹21,091 cr (cabinet-approved 2022-02-09) → ₹27,000 cr (reported estimate, 2026) → a Deputy CM statement that it would fall to ₹17,000 cr (per an earlier, separately-recorded source) → June 2026 reporting still citing ~₹27,000 cr. These figures conflict and are not reconciled in any primary document found; each is kept on file with its own date rather than collapsed into one number.

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