MCC approves DBFOT model bus terminal at Pumpwell


Team Udayavani, Nov 29, 2017, 3:26 PM IST

Mangaluru: Design-build-finance-operate-transfer (DBFOT) model stimulated proposal of Pumpwel bus terminal project which got approved by the MCC after three years on Tuesday.

Chettinad builders Pvt Ltd got approval by the council for the DBFOT model for a bus terminal. According to it, the project can be taken up on 7.23 acres now with the corporation.

According to DBFOT model submitted to the council, the terminal would easily occupy 198 busses to park on two floors along with multi-level car parking facility, a mall, shops and a theatre in the commercial complex said Mohammad Nazir, commissioner of the corporation.

DBFOT model which was approved by mayor Kavita Sanil on November 9 also received green signal by the council, now the proposal is presented before the special purpose vehicles (SPV) for approving projects for Mangaluru under smart city mission.

Commissioner said that SPV would meet on Wednesday and said that 33years would be given to the bidder who takes up the project and subsequently it would be handed over to the corporation.

The modern market-cum-commercial complex project at Kankanady also got approved by council to take up the estimated cost of 49.50 crores. The council agreed to send a proposal to the SPV smart city mission for approving the project under this mission. Commissioner said they have made the formalities pertaining to the government approvals faster.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Maharashtra Polls: Eknath Shinde targets Uddhav for `giving up’ Bal Thackeray’s principles for power

Will appear before Lokayukta for questioning in MUDA case, says CM Siddaramaiah

Lies have short life, Cong’s ‘fake’ narrative smashed: Fadnavis

Temple idols found desecrated in Hyderabad, case registered

SC junks plea against quashing of LOC issued to ex-house help of Sushant Singh Rajput

JPC chairman Jagdambika Pal to visit K’taka on Nov 7 to meet farmers protesting Waqf notices

Indian boxer Mandeep Jangra wins WBF’s world title

Related Articles More

Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours

Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others

MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle

Mangaluru: Asiatic male lion arrives at Pilikula Zoo

Waqf Notice Issue: Not an accident, but state government’s conspiracy, claims V. Sunil Kumar

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours

Heroin worth Rs 3.5 crore recovered in police raid in Delhi, 2 arrested

Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others

Treated Muslims like fuel for ‘lantern’: Prashant Kishor targets Lalu, asks upper castes to stay away from Nitish

MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.