As per the sources available to www.propertykhazana.com, before Karnataka was one of the India’s high-speed developing states and 1/3rd of state’s population is in urban localities and 40% are settled in Bangalore which is the dwelling for many IT Companies and for famous BPOs. By investment plans it has reached for more than Rs. 79,137 Crores in previous year and the capital city of Bangalore has successfully marked for its development in all main sectors. Now Karnataka has planned to finance its infrastructure growth by its own, when the proceeds start coming from its present ventures. The main parts of the investment for ventures have been given by Union Govt. and by the Foreign Banks and for Karnataka it will be the year of new hopes. ULB of Karnataka has 7 firms, 43 CMCs, 70 TMCs and 93 TPs and State Govt. has come into the deed to take Karnataka to the new stature and also it has started to construct industrial groups in all states to decongest Bangalore.
According to the sources available at the www.propertykhazana.com, there are many industrial ventures to arise in the Silicon city which has continued to grab the talents from all over the country and much assures to the extent that development is concerned. Below the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme, centre has accepted a huge amount of Rs. 22,536 Crores capital to finance for different infrastructure ventures. The work of the Silicon City, 7 CMCs and 1 TMC gasps the pinnacle place on the chart of the ventures. State has a huge number of ventures to complete and it has offered 22 DPRs to the centre for its green signal about finance sanction through JNNRUM. Centre has approved the capital for execution of 13 DPRs with a cost of Rs. 1,512 Crores, as 9 DPRs costs Rs. 513 Crores has not yet been sanctioned. State has planned to start the works on forthcoming 40 DPRs costs Rs. 7,614 Crores and these JNNURM ventures will first work on roads, water drainage and Solid Waste Management, Storm water drainage in garden city, suburban areas and in Mysore.
Source: NIMMA BENGALURU
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