Elevated Inner Core Ring Road - whats up?

Remember the Inner Core Ring Road (ICRR) project? Find some documents here in case you need to jog your memory. BBMP and newspapers haven't talked much about it lately, and then The Hindu carried this piece (steel structures favoured for ring road) a few days ago.

There was one thing that struck me as odd in that news peice. Chief Engineer (Infrastructure) of the Bangalore Mahanagara Palike is advocating use of steel structures to build the expressway and is also dreaming up a 3 level road:

"it could have three levels for vehicles to travel — the existing ground level, one for two-wheelers and another for four-wheelers, he said."

But then, two execution models are suggested:

"The project could be proposed under Jawaharlal Nehru National Urban Renewal Mission or be given out to private companies on a Build Own Operate Transfer basis."

BBMP's engineers are clearly thinking design, that probably tells us we shouldn't assume that ICRR will be developed on a BOOT basis. Is BBMP thinking of doing the project itself?

Please. No! BBMP, you have zero experience building and managing such roads. Don't think of doing it yourself.