Bangalore, the IT hub of India, has witnessed phenomenal growth in the past few decades. However, with the expansion comes the challenge of managing the increased traffic and congestion. One of the key infrastructural developments in the pipeline for addressing these issues is the transformation of the Bangalore Peripheral Ring Road into a vibrant economic corridor.
Navanaami Projects recently launched a luxury residential project -The Megaleio in Hyderabad. It will invest about Rs 800-900 crore on the project. It has taken loan of Rs 250 crore from Union Bank of India and rest will be funded through internal accruals.
Bengaluru's traffic conundrum: Metro rail to the outskirts, suburban rail confined to city limits, and tunnel vision moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.