<p>The Palike will be parting with a portion of the Binny Mills land which had been leased out to a private firm and then handed over to it by the government. <br /><br />BBMP has decided to hand over nearly 1.5 acres of Binny Mills land in return for the railway land required for the Okalipuram signal free corridor.<br /><br />H Ravindra, Chairman of the BBMP Standing Committee on Major Works, told Deccan Herald that the deal would be finalised at a meeting between the Palike and the Railway officials, to be held later this month. <br /><br />“We will clear the way by giving them the land which they have been demanding for in the Binny Mills premises. The deal will be finalised after a meeting with Railway authorities in the presence of Law Minister Suresh Kumar,” said Ravindra. <br /><br />Further, it is learnt that the other claimant for the Binny Mills land, the Karnataka State Road Transport Corporation (KSRTC) will be given land in the same vicinity by the State Government. <br /><br />KSRTC will get nearly 2.5 acres of land for the construction of its new depot, following the loss of its own land for the Metro project in Majestic area.<br /><br />Adamant KSRTC<br /><br />The land given to KSRTC was the same portion sought by BBMP to be handed over to the Railways as part of the swap. <br /><br />“But KSRTC did not agree to part with that land,” said another member of the Standing Committee on Major Works. <br /><br />With no option left, BBMP had to recover a nearby property, whose lease period with a private firm had expired.<br /><br />The corridor will cut across the Railway land between Rajajinagar entrance and Fountain Circle (Khoday's Junction) in Majestic area. It will have an underpass and two loops of a flyover, apart from a ground-level grade separator. <br /><br />The project will also have two railway underbridges, one below the Bangalore-Chennai railway line and the other below the Bangalore-Tumkur line.</p>
<p>The Palike will be parting with a portion of the Binny Mills land which had been leased out to a private firm and then handed over to it by the government. <br /><br />BBMP has decided to hand over nearly 1.5 acres of Binny Mills land in return for the railway land required for the Okalipuram signal free corridor.<br /><br />H Ravindra, Chairman of the BBMP Standing Committee on Major Works, told Deccan Herald that the deal would be finalised at a meeting between the Palike and the Railway officials, to be held later this month. <br /><br />“We will clear the way by giving them the land which they have been demanding for in the Binny Mills premises. The deal will be finalised after a meeting with Railway authorities in the presence of Law Minister Suresh Kumar,” said Ravindra. <br /><br />Further, it is learnt that the other claimant for the Binny Mills land, the Karnataka State Road Transport Corporation (KSRTC) will be given land in the same vicinity by the State Government. <br /><br />KSRTC will get nearly 2.5 acres of land for the construction of its new depot, following the loss of its own land for the Metro project in Majestic area.<br /><br />Adamant KSRTC<br /><br />The land given to KSRTC was the same portion sought by BBMP to be handed over to the Railways as part of the swap. <br /><br />“But KSRTC did not agree to part with that land,” said another member of the Standing Committee on Major Works. <br /><br />With no option left, BBMP had to recover a nearby property, whose lease period with a private firm had expired.<br /><br />The corridor will cut across the Railway land between Rajajinagar entrance and Fountain Circle (Khoday's Junction) in Majestic area. It will have an underpass and two loops of a flyover, apart from a ground-level grade separator. <br /><br />The project will also have two railway underbridges, one below the Bangalore-Chennai railway line and the other below the Bangalore-Tumkur line.</p>