The Bangalore Metro is one of the rapid transit system which is popularly known as Namma Metro. On April 15, 2007, the construction of Phase 1 began and on June 17, 2017 it was opened to public. The metro rail system in Bangalore was established not just to connect important commercial and residential areas but also to lessen traffic in the city. Furthermore, extending the metro project’s reach and connection across the city is the primary goal of the upcoming metro project.
The extension and construction of new corridors will make commuting easy for residents in and around the area. However, it’s also significant to consider that Bangalore’s metro train system significantly influenced the real estate sector in addition to improving connectivity.
Bangalore Metro Phase 2 Project Insights
- RV Road to Bommasandra; Corridor 3– This corridor is called the Yellow line and will run from RV Road to Bommasandra. This is an elevated metro line with 16 stations. The work in this line is expected to be completed by 2024. Some of the popular localities that this line covers are Bommanahalli, Kudlu Gate, Hosa Road, Electronic City, Infosys Foundation Konappana Agrahara, and Hebbagodi. This line will have 3 interchange stations for better commuting. Silk Board, RV Road, and Jayadeva are the three stations that connects this Yellow line with Pink, Gree, and Purple Lines.
- Kalena Agaraha to Nagawara; Corridor 4- This corridor is called the Pink Line and will run from Kalena Agaraha formerly called as Gottigere to Nagawara. This corridor runs to a length of 21.3 km with 7.5 km elevated and 13.8 km underground. It has 18 stations and the work is expected to be completed by 2024. Some of the popular stations in this corridor are IIM-Bangalore, JP Nagar 4th Phase, Dairy Circle, Langford Town, MG Road, Shivaji Nagar, Tannery Road, and Kadugundanahalli.
Bangalore Metro Phase 2A Project Insights
- KR Puram to Central Skillboard; Corridor 5– This corridor is called the Blue Line and will run from KR Puram to Central Silkboard. This is an elevated corridor that runs to a distance of 18 km. It has 13 stations. Some of the important stations in this route are KR Puram, Mahadevapura, ISRO, Marathahalli, Bellandur, and HSR Layout.
Bangalore Metro Phase 2B Project Insights
- KR Puram to KIAL Terminals; Corridor 5– This corridor is called the Blue Line and will run from KR Puram to KIAL Terminals. This covers a distance of 37 km and will pass through the northern part of ORR. This line is expected to be completed by 2026 and it has 17 stations. Some of the important stations along this corridor are the Yelahanka, HBR Layout, Kempapura, Hebbal, Bagalur Cross, Doddajala, and KIAL Terminals.
Advantages of Metro Connectivity in Bangalore
Metro has become one of the most efficient mode of transportation in Bangalore. It incorporates various advantages some of which are listed.
- Better Connectivity & Convenience– Metro stations make it easy for people to reach different parts of the city without any hassle. Additionally, this way they could save more time and commute stress-free.
- Eco-friendly & Sustainable- The metro system has reduced the need for private vehicles among the residents due to its easy accessibility.
- Affordability- The cost of transportation is quite high in Bangalore when compare to other cities. This metro system will significantly reduce the cost of commuting as it is reasonable.
- Safe and Secure– Metro is one of the safe and secure mode of transportation as it offers enhanced safety. Major metro stations today have chemical weapons sensors and security cameras.
- Real Estate Growth– The metro rail project has created a huge impact in the real estate industry in Bangalore. As a result of which, the value of properties increased significantly.
Metro-Related Real Estate Boom in Top Localities
The construction and expansion of the Bangalore metro rail played a significant role in the real estate market in Bangalore. Metro connectivity has become a crucial factor to make investment plans in Bangalore. Furthermore, seamless commuting has significantly increased the demand for housing near the metro stations. Here’s a list of some of the top localities in Bangalore that have benefited from the upcoming metro projects, resulting in an increase in property value in the past decade.
- Electronic City– 50.7% increase
- Sarjapur Road– 45.8% increase
- Yelahanka– 32.9% increase
- Indiranagar– 47.6% increase
- Banashankari– 84% increase
- Whitefield– 73.7% increase
- Thanisandra Main Road– 34.5% increase
- KR Puram– 71.8% increase
- HSR Layout– 130% increase
- Bannerghatta Road– 59.6% increase