Government Approves Phase 3A of Bengaluru Metro Expansion

16 Oct 2024 CW Team

In a significant development, the Government of India's Urban Development Department has granted approval for the Namma Metro Phase 3A project, which will link Hebbal to Sarjapur’s Tech Hub, spanning 37 kilometers.

The next step is for the Union Cabinet to approve the plan after the finance department reviews the detailed project report (DPR) to make funding decisions. The project’s budget estimate for 2022-23 was around Rs 165 billion, but the estimated cost has now risen to Rs 270 billion following the DPR's submission.

Last August, the Union Cabinet approved the Metro Phase 3 project. Now, with the urban development department's approval of the Phase 3A plan, Metro officials indicated that this represents the first central government-level approval for a project aimed at significantly reducing traffic congestion.

In June of the previous year, the Bengaluru Metro Rail Corporation (BMRCL) submitted the DPR for the project to the state government, which then forwarded it to the central government for approval.

As per the DPR, the project will feature 28 stations, with both underground and elevated sections. The elevated route will run from Sarjapur to Koramangala 3rd Block, with 15 stations planned for that section.

An underground section will connect the 3rd Block to the Veterinary College, featuring 11 stations, while elevated stations will also be built at Ganga Nagar and Hebbal. Sources revealed that discussions have occurred between the Bruhat Bengaluru Mahanagara Palike (BBMP) and the city development department regarding the planned underground route in Hebbal.

Infrastructure Transport

08 Sep 2025

India's Ports Plan Rs 10 Billion High-Speed Freight Systems

India’s major ports are accelerating cargo movement through advanced high-speed transport systems aimed at reducing turnaround times and lowering carbon emissions. Two key initiatives are underway at the Deendayal Port Authority (DPA) in Kandla, Gujarat, and the Jawaharlal Nehru Port Authority (JNPA) in Maharashtra.At DPA, an 18-kilometre-long magnetic rail system is being planned to drastically reduce the time taken to transport freight within the port premises. The project is being developed in collaboration with global logistics major DP World and Polish firm Nevomo, known for its experti..

Max Estates Acquires Gurugram Land for Rs 30 Billion Project

Max Estates Limited has secured development rights for a 7.25-acre land parcel in Sector 59, Gurugram, situated along the prestigious Golf Course Extension Road. The company announced in a regulatory filing on 6 September that it will develop a premium residential project on the site, with an estimated booking value exceeding Rs 30 billion.As part of the transaction, the company’s board has approved acquiring full ownership of Base Buildwell Private Limited (BBPL), the special purpose vehicle holding the licence and development rights for the plot. The acquisition remains subject to regulato..

Vedanta Tops Rs 170 Billion Bid for Jaiprakash Assets

The Anil Agarwal-led Vedanta Group has emerged as the highest bidder for the debt-ridden Jaiprakash Associates Ltd (JAL), surpassing the Adani Group with a Rs 170 billion bid in a challenge auction conducted by lenders, according to individuals familiar with the matter.With a net present value of Rs 125.05 billion, Vedanta’s offer marks the most substantial recovery plan for JAL so far. However, lenders, who have admitted claims exceeding Rs 590 billion, would still face a haircut of approximately 71 per cent. Despite other shortlisted contenders such as Dalmia Bharat, Jindal Power, and PNC ..