A report by Bangalore Development Authority states that 1.18 million residents of the metropolis waste 600 million man hours per annum traveling by road, which is causing a loss of Rs 3,700 crore.
The report blames the lack of public transport system in the city, which has given rise to the number of private vehicles on the road. This has also reduced the vehicle speed on roads to 11 kmph.
The study warns that, if the existing situation prevails, the traffic congestion will increase in threefold.
A series of ring and radial road projects will help to decongest the metropolis.
The proposed Peripheral Ring Road, which connects Hosur Road and Tumkur Road, cutting across Old Madras Road and Ballari Road and the Intermediate Ring Road, between the proposed Peripheral Ring Road and the Satellite Towns Ring Road will help connect the city with towns and villages in the Bengaluru Metropolitan Region, the reports says.
