Central Government Approves Bangalore Metro Phase 3 DPR

22 Aug 2024 CW Team

The central government has given approval to the Detailed Project Report (DPR) for Bangalore Metro Phase 3, which spans a distance of 44.65 kilometres and is estimated to cost Rs 156.11 billion.

Bangalore Metro Phase 3 Funding The funding for Phase 3 of the Bangalore Metro has been finalised by various institutions and authorities.

Seamless Integration As reported by the Press Information Bureau, Phase 3 of the Bangalore Metro will include the development of 10 metro stations as multi-modal hubs. These hubs will offer interchanges with both existing and under-construction metro stations. Additionally, eleven key stations in this phase will be equipped with facilities designed to enhance commuter convenience, such as bus bays, auto rickshaw stands, and parking areas.

The existing Phase 1 and Phase 2 metro lines will be integrated with the advanced Phase 3, which will involve the construction of skywalks to provide direct connectivity between metro stations and nearby railway stations.

Recently, the Bangalore Metro Rail Corporation Limited (BMRCL) awarded four contracts for geotechnical investigations related to Phase 3. Both the approval of the DPR and the geotechnical investigation are expected to significantly accelerate the development of Phase 3.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..