Belagavi–Hunagunda -Raichur four lane expressway of 325km to be constructed at the cost of Rs.12500 crores in 6 Phases under the Hyderabad-Panaji Economic corridor.
Union Minister for Road Transport and Highways Nitin Gadkari had done virtual inauguration of the same on 17th January 2021, Recently The National Highways Authority of India has floated tender for construction of four-lane highway in Belagavi-Hungund-Raichur Section involving an investment of ₹2007.09 crore. The project will be executed under the Bharatmala Pariyojna on the on design, build, operate and transfer (the “DBOT Annuity” or “Hybrid Annuity”) basis. with this fulfilling the long-pending demand of the people of the region.
The required land acquisition has started in the month of May, allocating tender is in final stage, the work likely to be launched soon.
The four-lane expressway between Raichur and Belagavi will further improve road transport in the region and it has been sanctioned as part of the Economic Corridor project of the Union government.
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Under the project, a 168-km road between Belagavi and Hungund and 156-km road between Hungund and Raichur will be constructed. In all, the four-lane road will be constructed at a cost of ₹12,500 crore.