Namma Metro Bangalore
The ambitious Phase 1 of the Namma Metro mass rapid transit system in Majestic, which is the intersection of the east-west and north-south routes, has hit a roadblock in terms of work and its completion could be deferred to 2016. In terms of completion, the metro is 65 per cent done, with the base slab [...] Continue Reading »
Sources say that the Bangalore Metro Rail Corporation Limited (BMRCL) has written to the Karnataka Industrial Areas Development Board (KIADB) to issue preliminary notification for the acquisition of land necessary for the construction of the corridors. KIADB is not able to do anything as no fresh tenders can be floated with the code of conduct [...] Continue Reading »
The metro project is running behind the schedule by almost 2 years. However, the 42.3 kilometers long Phase-1 of Namma Metro should be ready by the mid of 2014. The Bangalore metro project got all the necessary approvals from the Commissioner of Metro Rail Safety and it will pass over the Indian Railway Bridge. The design also [...] Continue Reading »
As the Metro Rail project progresses in Bangalore, the property prices in the vicinity have witnessed an increase. Now that phase between M G Road and Byappanahalli is complete, more and more people are using the metro service to commute to work and back on a daily basis. This trend is set to spread across [...] Continue Reading »
As Namma Metro begins to improve connectivity in Bangalore, property prices have gone up in many places. Localities like Baiyappanahalli have witnessed a massive surge in property rates as metro line connects it to the central business district around MG Road. Purchase rates of built up properties and vacant plots have gone up alongside. Property [...] Continue Reading »
The under-construction Namma metro in Bangalore has already pushed up the property values. The end-users, developers, realtors- all have been considering the metro as an asset with the construction underway. In the areas through which metro track passes like MG Road, Trinity, Indiranagar and Byppanrahalli, residential property values have witnessed a 15-20 per cent hike [...] Continue Reading »
Namma Metro is just getting bigger and better for the Bangaloreans. Phase II of the metro has been approved by the state cabinet few days back and the work will start as soon as possible. It has been predicted that the construction work will end by 2017 and will wind up over 72.09 kms of [...] Continue Reading »
