The chief minister on Friday announced that the five city corporations under the Greater Bengaluru Authority (GBA) will be allowed to raise funds for infrastructure projects through municipal bonds.
While presenting the 2026–27 state budget, Siddaramaiah said corporations would mobilise resources based on their financial capacity.
Notable infrastructure projects mentioned in the speech include a plan to extend durable road surfaces across the city at an estimated cost of ₹3,000 crore in the next three years and expansion of the Namma Metro network by 41 kilometres.
The system currently operates over 96 km and carries around 100,000 commuters daily.
A pedestrian facility is also planned along the Outer Ring Road metro corridor.
The government also reiterated plans for tunnel corridors across the city.
