Metro Phase-II launch changes Bangalore realty!
Namma Bangalore Metro rail Phase-II has been approved by the government adding on a crown to the city.
Real estate market hit sky high with the launch of Metro Phase-I and the twists and turns in the city realty with the launch of Phase-II will be a much awaited one!
Namma Metro-II has been estimated to cost around Rs 27,000 crore and will be completed by end of year 2017.
The LIC Housing Finance experts say that, Bangalore is sure to transform into a tremendous city within a span of other three with the metro connections expanding all over the city.
With the launch of Phase-I the realty prices along areas like; M G Road, Baiyappanahalli, East-West corridor, Indiranagar and many such places experienced a huge demand and the prices of the properties along these metro lanes increased overnight!
However, the realty experts say that the real estate market will surely outgrow with the launch of Metro Phase-II.
Source: Hindu Business Line
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