Green light for Phase 3 of Bengaluru Metro Rail Project likely to boost property prices by over 30%, say expertsThe Union Cabinet has approved Phase 3 of the Bengaluru Metro Rail Project, which includes two elevated corridors spanning 44.65 km with 31 stations. This phase is expected to boost property prices in select localities by over 30%, with an initial jump of 10% and a sustained increase of another 20%...
more... in the medium term. The project will connect the southern part of the city, Outer Ring Road West, Magadi Road, and various neighborhoods along the two lines. Phase 3 will add 44.65 km to the existing rail network and is slated to be operational by 2029. The first corridor will run from JP Nagar 4th Phase to Kempapura, covering 32.15 km with 21 stations, while the second corridor will run from Hosahalli to Kadabagere, covering 12.5 km with 9 stations. The project aims to connect western peripherals with the Outer Ring Road and key localities in the Secondary Business District. Upon completion, it will provide metro connectivity to the entire ORR, connecting southern and western Bengaluru to the Kempegowda International Airport. The project also plans multi-modal integration at 10 locations, with feeder buses and dedicated infrastructure for buses, pedestrians, and autos.
Union Cabinet ne Bengaluru Metro Rail Project ke Phase 3 ko approve kar diya hai, jismein 44.65 km lambi do elevated corridors honge, jinme 31 stations honge. Is phase se kuchh specific areas mein property prices 30% se zyada badhne ki umeed hai, jismein shuruat mein 10% ki increase aur medium...
more... term mein 20% ki sustainable increase hogi. Yeh project city ke southern part, Outer Ring Road West, Magadi Road, aur dono lines ke aas-pas ke neighborhoods ko connect karega. Phase 3 se existing rail network mein 44.65 km aur add hone wale hain aur ye 2029 tak operational hone wala hai. Pehla corridor JP Nagar 4th Phase se Kempapura tak chalega, jismein 32.15 km aur 21 stations honge, aur dusra corridor Hosahalli se Kadabagere tak chalega, jismein 12.5 km aur 9 stations honge. Is project ka aim hai ki western peripherals ko Outer Ring Road aur Secondary Business District ke kuchh important localities se connect kiya ja sake. Complete hone ke baad, ye poora ORR ko metro connectivity dega, aur southern and western Bengaluru ko Kempegowda International Airport se connect karega. Is project mein 10 locations par multi-modal integration ki bhi planning ki gayi hai, jismein feeder buses aur buses, pedestrians, aur autos ke liye dedicated infrastructure hoga.
