πŸ“ˆ 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 β‚Ή35 for cars and β‚Ή12 for bikes. From Kanakapura to Clover Leaf, β‚Ή25 for cars and β‚Ή8 for two-wheelers. Clover Leaf to Mysuru Road, it’s β‚Ή20 for cars and β‚Ή8 for bikes. Mysuru to Magadi Road, β‚Ή45 and β‚Ή20. Magadi to Tumakuru, β‚Ή40 and β‚Ή12. And finally, Link Road will be β‚Ή50 and β‚Ή18.

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