Mangalore, Oct 4, 2014 : If everything goes as per plans, then the three busiest junctions of Mangalore namely the Hampankatta Junction, Ambedkar Circle (Jyothi) and PVS Circle would soon see development. The MCC at its council meeting held recently has resolved to develop the three junctions using the FAR (Premium Floor Area Ratio) Fund. The Fund has been collected from buildings adjoining roads leading to these junctions.
A sum of Rs 2.26 crores is likely to be spent on the ambitious project. Of the total amount, Rs 76 lakh is likely to be spent for development of PVS Junction, Rs 80 lakh on Ambedkar(Jyothi) Circle and Rs 70 lakh on Hampankatta Junction.