Government okays 6 proposals worth rs 9000 crore​

The state high-level committee on Saturday cleared several investment proposals worth Rs 9048.39 crore. 

Published: 12th February 2017 02:49 AM  |   Last Updated: 12th February 2017 06:07 AM   |  A+A-

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By Express News Service

BENGALURU: The state high-level committee on Saturday cleared several investment proposals worth `9048.39 crore. 

The six projects which were cleared are expected to provide employment to about 35,487 people.
Except for one proposal based in Belagavi, all others have been granted land in Bengaluru Urban and Rural areas.

Among the proposals cleared was that of Oracle India Pvt Ltd (`2,438 crore) for 13 acres and 29 guntas of land in Kadubeesanahalli village, Outer Ring Road, Bangalore East Taluk. Bluestone Tech Park has been allotted 55 acres in Appajipura, Samethanahalli and Koraluru villages of  Hoskote taluk to set up an 
integrated IT Park at a cost of `2,051.39 crore.

Three hundred acres of land in Haralur and Muddenahalli 
villages of Devanahalli taluk have been granted to Cornerstone Property Developers Ltd to develop a theme park and sports hub at the cost of `1,330 crore.

Two projects of L&T have been approved with a total of 17 acres and 30 guntas being given in two locations in Byatarayanapura on Ballari Road to develop IT SEZ at a cost of `2,080 crore. 

Devi City Industrial Park has been given 1,054 acres of land in Vantmuri village of Hukkeri taluk in Belagavi to set up an industrial park at the cost of `1,149 crore.

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