📈 NICE-ly increasing toll fees

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The Nandi Economic Corridor Enterprises Limited (NICE) increased its toll fees due to higher costs. These changes will be effective from 1 July.

Story so far: On Wednesday, NICE issued a press release stating that rising costs have forced them to increase their toll fees. This is happening after a gap of five years. As per their toll concession agreement, the revision process should have taken place once each year.

  • The revised rate will be applied from Hosur Road to Bannerghatta Road and includes buses, trucks, light commercial vehicles and multi-axle ones.

Specific prices: From Bannerghatta to Kanakapura Road, it will be ₹35 for cars and ₹12 for bikes. From Kanakapura to Clover Leaf, ₹25 for cars and ₹8 for two-wheelers. Clover Leaf to Mysuru Road, it’s ₹20 for cars and ₹8 for bikes. Mysuru to Magadi Road, ₹45 and ₹20. Magadi to Tumakuru, ₹40 and ₹12. And finally, Link Road will be ₹50 and ₹18.

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