Karnataka Utilizes PPP Model for Lake Revival and Monetization, Bengaluru Housing Project Included
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Karnataka Taps PPP for Lake Revival & Affordable Housing in Bengaluru
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Moneycontrol•19-03-2026, 19:05
Karnataka Taps PPP for Lake Revival & Affordable Housing in Bengaluru
•Karnataka is pursuing Public-Private Partnership (PPP) initiatives to revive water bodies and expand affordable housing.
•The Minor Irrigation Department seeks a transaction advisor for a Rs 73 crore project to rejuvenate 15 tanks across the state, combining ecological restoration with revenue-generating activities.
•Revenue streams for tanks will include eco-friendly boating, cafés, parking, event spaces, fisheries, and SHG kiosks, with urban tanks cross-subsidizing rural ones.
•Rajiv Gandhi Housing Corporation Limited (RGHCL) invited bids for a PPP-based affordable housing project in Hunasemaranahalli, Yelahanka taluk, for EWS units.
•The PPP model aims to leverage private capital and expertise for faster project scaling, long-term maintenance, and financial sustainability in both sectors.
