The Bengaluru Development Authority (BDA) has initiated the tendering process for the 74-kilometer Peripheral Ring Road (PRR) project, estimated at Rs 27,000 crore. Employing the Public-Private Partnership model, the winning bidder will fund civil works, acquire 2,560 acres of land, and hold toll collection rights for five decades. The PRR aims to connect key locations, easing intra-city traffic beyond the Outer Ring Road.