Bengaluru: The Karnataka Industrial Areas Development Board (KIADB) has actually consented to allocate 25 acres of its land to the federal government’s Science City Project, which will certainly belong of the 2nd stage of the Adinarayana Hosahalli Industrial Area in Doddaballapur (DB Pur) in Bengaluru Rural area.
In its declaration, KIADB revealed its preparedness to hand the land over, and perform the lease-cum-sale arrangement based on the standards, when the Science City Project is accepted by the Union Ministry of Culture.
In its letter of part, KIADB has actually explained that the Science City, when finished, would certainly function as an outstanding academic and source centre for trainees, educators, and the general public.
“Considering the relevance and importance of the project, KIADB is pleased to partner with and work towards establishment of Science City in association with the Union Ministry of Culture,” reviewed the letter, including that the land being allocated remained in a calculated area not also much from Bengaluru city, which currently houses a variety of premier clinical and study establishments.
Budget statement
In the spending plan he offered previously this year, Chief Minister Siddaramaiah had actually revealed the facility of the Science City, in cooperation with the Centre, at an approximated price of Rs 233 crore.
The price of the task consists of a corpus of Rs 53.7 crore, besides the funding price of Rs 179 crore.
While the Centre will certainly add Rs 118.14 crore, the Karnataka federal government will certainly contribute with Rs 114.56 crore of the task’s price.
Published 10 September 2024, 00:46 IST
