Constructed by Bangalore Metropolitan Transport Corporation (BMTC) at a cost of Rs 13 crore, the TTMC, first of ten such centres in the City, is funded by Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and is a joint initiative between Government of India (35 pc), Government of Karnataka (15 pc) and BMTC (50 pc).
A transport package of Rs 3,000 crore has been granted to the BMTC under JNNRUM to improve the infrastructure of bus stations in the City.
The construction of this swanky futuristic bus station was taken up under Rs 430 cr grant of the package.
The TTMC is equipped with a ‘Park and Ride’ facility for people to drive in, leave their cars/two-wheelers, board a bus and head for office.
Decongesting roads
The idea is to offer facilities that pave way for decongestion of roads.
The TTMC will also house a multi-level parking lot, mini-shopping centres, food courts, BangaloreOne kiosks, ATMs and other utilities.
Sources in BMTC said that the on going construction of nine more TTMCs - Shanthi Nagar, Domlur, Yeshwantpur, Bannerghatta, Kengeri, Koramangala, Vijayanagar, Banashankari and ITPL - will be completed in July 2010.
“The government has already accorded approval for construction of a TTMC at Hebbal on Public-Private Partnership basis. Ernst and Young has been roped in as a consultant to take the project forward. As many as 35 TTMCs are in the pipeline as PPP projects. The process is expected to move forward shortly” said a BMTC official.
JNNURM buses
Meanwhile, the first of BMTC buses, funded under JNNURM, is also scheduled to be flagged off from the new Jayanagar TTMC. “It will be a mix of low-floor Volvo buses and regular Suvarna buses and will carry a distinct JNNURM logo on both sides, a pre-condition from the Ministry of Urban Development,” added the official.
DH News Service