KIADB to issue preliminary notice for acquirement of properties
Real Estate

KIADB to issue preliminary notice for acquirement of properties

The Bangalore Metro Rail Corporation Limited (BMRCL) is set to initiate the process for acquiring properties for Namma Metro's Orange Line, linking JP Nagar 4th Phase to Kempapura. Under the first package of the project, 299 private properties have been identified for acquisition to facilitate the construction of an elevated corridor from JP Nagar 4th Phase to Mysuru Road.

The list of identified properties have been sent to Karnataka Industrial Area Development Board (KIADB), which will issue preliminary notification for acquiring the properties for Namma Metro. A BMRCL official said, "The construction of an elevated corridor for a length of 32.2km will be taken up in three packages: JP Nagar 4th Phase to Mysuru Road; Mysuru Road to Kanteerava Studio and Kanteerava Studio to Kempapura." The first package alone requires the acquisition of 299 private and 29 govt properties.

"After completing surveys, details of the private properties have been sent for issuing preliminary notification," the official added. The notice is expected to be issued in a few weeks for property owners to raise objections. There are no high-rise buildings in the way of alignment but there are many commercial buildings, mostly three-storey structures.

The Bangalore Metro Rail Corporation Limited (BMRCL) is set to initiate the process for acquiring properties for Namma Metro's Orange Line, linking JP Nagar 4th Phase to Kempapura. Under the first package of the project, 299 private properties have been identified for acquisition to facilitate the construction of an elevated corridor from JP Nagar 4th Phase to Mysuru Road. The list of identified properties have been sent to Karnataka Industrial Area Development Board (KIADB), which will issue preliminary notification for acquiring the properties for Namma Metro. A BMRCL official said, The construction of an elevated corridor for a length of 32.2km will be taken up in three packages: JP Nagar 4th Phase to Mysuru Road; Mysuru Road to Kanteerava Studio and Kanteerava Studio to Kempapura. The first package alone requires the acquisition of 299 private and 29 govt properties. After completing surveys, details of the private properties have been sent for issuing preliminary notification, the official added. The notice is expected to be issued in a few weeks for property owners to raise objections. There are no high-rise buildings in the way of alignment but there are many commercial buildings, mostly three-storey structures.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement