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May 07, 2012

Karnataka Govt Plans Film City, Theme Park At Hesaraghatta

http://www.thehindubusinessline.com/industry-and-economy/economy/article3394418.ece

07 May 2012

Bangalore: The Karnataka government plans to set up a ‘film city', ‘theme park' and a ‘golf resort' under public-private partnership at Hesaraghatta in Bangalore.

Briefing reporters after the Cabinet meet, the State Law Minister and Municipal Administration, Mr S. Suresh Kumar, said, “The Cabinet approved the tourism department's proposal to build a ‘film city', ‘theme park' and a ‘golf resort' with private participation and to call for ‘expression of interest'.”

The government plans to do the ground work and is said to identify the private partner at the forthcoming global investors meet (GIM) meet in June, he added.

About 302 acres has been earmarked for a theme park, a film city and a golf resort.

Wind mill
The Cabinet approved allotting 115 acres land to Sarjan Realties Ltd to set up a wind farm at Harapanahalli in Davangere district.

The land for the company is on a 30-year lease. Annual rent is being fixed at 10 per cent of the market value of the land.

The project, cleared by state energy department, is to produce 34 MW of power initially and later scale it up to 77.4 MW.

Truck terminal
Mr Suresh Kumar said the Cabinet approved granting 56.13 acre land to D. Devaraj Urs Truck Terminal Corporation Ltd to build a truck terminal at Dharwad.

The integrated truck terminal is to come up at the Belur Industrial Area at a cost of Rs 7.82 crore, and would be the first truck terminal in north Karnataka and the second in the State.