Bangalore Development Authority (BDA) has estimated the cost of providing basic infrastructure to Dr Shivaram Karanth Layout to be around Rs 4,500 crore.
The layout of 3,546 acres will comprise around 30,000 sites of various dimensions.
The project will be monitored by a committee formed by the Supreme Court for its timely completion. The BDA had approved the project cost in a board meeting earlier this week.
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