The state administration in Jammu and Kashmir has fast-tracked the ₹5,476 crore ring road projects in Srinagar and Jammu cities, and in this connection, the state has called upon the Central government to quickly release ₹759 crore more funds to buy land for semi ring road project in Jammu city, which involved an investment of ₹3,833 crore. After working out the additional costs, the government estimates that it needs more funds to kick start the construction work on the project. About 12,450 kanals of land is to be acquired for the roads of which 10,911 kanals are agricultural land. While the Union ministry of road transport and highways had awarded the ₹939 crore project for the Srinagar semi-ring road to Ramky Infrastructure, the farmers and land owners whose land is to be acquired have been demanding compensation as per ―prevalent rates in other states. According to the detailed project report of the ring road, the proposed Ring Road project for Srinagar will start at Galander and meet the highway at Narbal Junction in its Phase-I. The road would be four-lane with six-lane future projection. Under the Phase-II of the project, a two-way road will start at Narbal and meet in Ganderbal. The project is likely to cost ₹1195 crores in Phase-I and ₹448 crores in the Phase-II. The road length in the Phase-I will be 34.72 kilometers and in the Phase-II 27.2 kilometers.
