BMRCL Commences Land Acquisition for Namma Metro Phase 3

24 Jan 2025 CW Team

Phase 3 will feature multiple key interchange stations, including Peenya and JP Nagar on the Green Line, Mysuru Road on the Purple Line, and Sumanahalli on the Hosahalli-Kadabagere route. JP Nagar Phase 4 will also link the Pink Line at Bannerghatta Road, while Hebbal will serve as an interchange for the Blue Line (airport route) and Red Line (Hebbal-Sarjapur route).

The project comprises two corridors:

Corridor 1: Spanning 32.15 km from JP Nagar Phase 4 to Kempapura, requiring 1,29,743 square meters of land and impacting 777 private properties, with an estimated acquisition cost of Rs 19 billion.

Corridor 2: Covering 12.5 km from Hosahalli to Kadabagere.

The estimated cost of Phase 3 is Rs 156.11 billion, funded through loans (Rs 75.77 billion), revenue from advertising, and station naming rights (Rs 4.5 billion). It will feature a double-decker viaduct to minimise disruptions to existing infrastructure. By 2028, the network is expected to serve 728,000 daily passengers with 252 metro coaches.

Geotechnical investigations have begun on Magadi Road, focusing on soil testing between Mysuru Road and Kanteerava Studio Stations in Phase 1, and Hosahalli to Kadabagere Depot in Phase 2. Studies for stretches between Kanteerava Studio and Kempapura, as well as JP Nagar Phase 4 to Mysuru Road, are also planned. The investigations, costing Rs 54.9 billion, are set to conclude in five months.

The land acquisition process for the JP Nagar Phase 4 to Mysuru Road section involves key areas, including Nainappashetti Palya (1,830.87 sqm), Bilekahalli (1,499.32 sqm), Sarakki (5,187.31 sqm), and Jaraganahalli (4,556.46 sqm), among others. Additional land parcels include Hosakerehalli (3,670.09 sqm), Pantharapalya (1,872.31 sqm), and Nayandahalli (5,289.03 sqm).

(ET)

The Bangalore Metro Rail Corporation Limited (BMRCL) has initiated the land acquisition process for Namma Metro Phase 3, beginning with 26,811 square meters for the stretch between JP Nagar Phase 4 and Mysuru Road Metro Station.Phase 3 will feature multiple key interchange stations, including Peenya and JP Nagar on the Green Line, Mysuru Road on the Purple Line, and Sumanahalli on the Hosahalli-Kadabagere route. JP Nagar Phase 4 will also link the Pink Line at Bannerghatta Road, while Hebbal will serve as an interchange for the Blue Line (airport route) and Red Line (Hebbal-Sarjapur route).The project comprises two corridors:Corridor 1: Spanning 32.15 km from JP Nagar Phase 4 to Kempapura, requiring 1,29,743 square meters of land and impacting 777 private properties, with an estimated acquisition cost of Rs 19 billion.Corridor 2: Covering 12.5 km from Hosahalli to Kadabagere.The estimated cost of Phase 3 is Rs 156.11 billion, funded through loans (Rs 75.77 billion), revenue from advertising, and station naming rights (Rs 4.5 billion). It will feature a double-decker viaduct to minimise disruptions to existing infrastructure. By 2028, the network is expected to serve 728,000 daily passengers with 252 metro coaches.Geotechnical investigations have begun on Magadi Road, focusing on soil testing between Mysuru Road and Kanteerava Studio Stations in Phase 1, and Hosahalli to Kadabagere Depot in Phase 2. Studies for stretches between Kanteerava Studio and Kempapura, as well as JP Nagar Phase 4 to Mysuru Road, are also planned. The investigations, costing Rs 54.9 billion, are set to conclude in five months.The land acquisition process for the JP Nagar Phase 4 to Mysuru Road section involves key areas, including Nainappashetti Palya (1,830.87 sqm), Bilekahalli (1,499.32 sqm), Sarakki (5,187.31 sqm), and Jaraganahalli (4,556.46 sqm), among others. Additional land parcels include Hosakerehalli (3,670.09 sqm), Pantharapalya (1,872.31 sqm), and Nayandahalli (5,289.03 sqm).(ET)

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Real Estate

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Real Estate

06 Apr 2026

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..