Cabinet greenlights next phase of Namma metro

26 Mar 2024 CW Team

Anticipating a significant improvement in overall ridership once Phase Three becomes operational and connectivity expands, officials are gearing up to commence work soon. Mr Gowda, a government spokesperson, emphasised the necessity of these additional corridors to alleviate traffic congestion. He noted that while Phase Two-A and Phase 2 Two-B are slated for completion within two years, the groundwork for Phase 3 will kick off shortly. Once Phase Three wraps up, the Outer Ring Road line will be fully operational, complementing the ongoing progress from JP Nagar to the Silk Board junction under Phase Two.

Regarding funding, it's anticipated that around 80% - 85% of the Phase Three expenses will be covered by the State Government, with hopes that the Centre will pitch in for the rest. Feasibility surveys have been conducted, and the Centre has blessed Phase Three.

In addition to metro expansions, the Cabinet also greenlit the establishment of a tree park on NGEF land spanning approximately 65 acres at a cost of Rs 110 million. This initiative aims to provide much-needed green space to East Bengaluru, which lacks sizable parks.

Furthermore, the Cabinet approved the installation of a statue of goddess Bhuvaneshwari, symbolising Karnataka's land, language, and culture, at an estimated cost of Rs 230 million. As per Revenue Minister Krishna Byre Gowda, details regarding the statue's height and construction materials are yet to be finalised. ?

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

In a bid to further enhance urban mobility in Bengaluru, grappling with chronic traffic woes, the State government has given the nod to Phase Three of Namma Metro. This ambitious plan entails extending the network by 44.65 km by 2028 at an estimated cost of Rs 156.11 billion. The proposed new lines will link Hebbal with JP Nagar via Goruguntepalya, Magadi Road, Mysuru Road, and Kanakapura Road along the Outer Ring Road, covering a distance of 32.15 km. Additionally, another line connecting Hosahalli and Kadabugere via Magadi Road, spanning 12.5 km, has also been approved. Anticipating a significant improvement in overall ridership once Phase Three becomes operational and connectivity expands, officials are gearing up to commence work soon. Mr Gowda, a government spokesperson, emphasised the necessity of these additional corridors to alleviate traffic congestion. He noted that while Phase Two-A and Phase 2 Two-B are slated for completion within two years, the groundwork for Phase 3 will kick off shortly. Once Phase Three wraps up, the Outer Ring Road line will be fully operational, complementing the ongoing progress from JP Nagar to the Silk Board junction under Phase Two. Regarding funding, it's anticipated that around 80% - 85% of the Phase Three expenses will be covered by the State Government, with hopes that the Centre will pitch in for the rest. Feasibility surveys have been conducted, and the Centre has blessed Phase Three. In addition to metro expansions, the Cabinet also greenlit the establishment of a tree park on NGEF land spanning approximately 65 acres at a cost of Rs 110 million. This initiative aims to provide much-needed green space to East Bengaluru, which lacks sizable parks. Furthermore, the Cabinet approved the installation of a statue of goddess Bhuvaneshwari, symbolising Karnataka's land, language, and culture, at an estimated cost of Rs 230 million. As per Revenue Minister Krishna Byre Gowda, details regarding the statue's height and construction materials are yet to be finalised. ?

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Real Estate

10 Jul 2026

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Real Estate

10 Jul 2026

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..