India's Bengaluru city may need nearly 28 billion rupees ($339 million) to restore a drainage network damaged by unfettered urbanization as repeated floods threaten to disrupt work and life in the IT hub, a report said.
Dubbed India's Silicon Valley for hosting more than 3,500 IT companies and startups, the city has seen an influx of millions of workers and a boom in real estate construction over the past two decades.
The report also said the city's share of built-up area ballooned to 93% in 2020 from 37% in 2002, replacing green cover and putting "severe stress" on the natural drainage system that channelled water into the city's interconnected lakes.
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