The swanky skywalk proposed at Banashankari junction is estimated to cost between Rs 50 crore and Rs 55 crore, a new estimate shows.
The project, which was announced in the state budget last year, is expected to be partly funded by the state government. Namma Metro has agreed to provide Rs 25 crore for the work.
According to the design, the one-of-its-kind integrated skywalk project aims to ensure smooth vehicular flow, safe access for pedestrians and space for street vendors. The junction will house a circular skywalk with loops connecting the bus terminal and the metro station. The proposal involves redesigning the existing junction, streamlining the traffic flow and creating a traffic island for planting trees.