+
Namma Metro: MPC clears Bengaluru metro phase II-A, phase II-B
RAILWAYS & METRO RAIL

Namma Metro: MPC clears Bengaluru metro phase II-A, phase II-B

The Bangalore Metropolitan Planning Committee (MPC) sanctioned Namma Metro’s or Bengaluru Metro projects Phase II-A (Central Silk Board to KR Puram) and Phase II-B (KR Puram to the Kempegowda International Airport) with a total distance of 58.19 km.

The consent came after a month of centre approval and nearly after two years of the state government's nod.

The committee arranged a meeting on Monday to sanction the projects knowing that the MPC’s permission is required during the conceptualisation of a project and not after the permission by two governments, is yet to be determined.

According to sources, the meeting was invited for discussion of tenders and land acquisition issues. It is believed that Chief Minister of Karnataka BS Yediyurappa has given his permission to assign work orders to the lowest bidders of Phase II-A project Shankaranarayana Constructions and Afcons Infrastructure Ltd. At the same time, the last date to declare tenders for the Phase II-B project was delayed.

Rs 14,788.10 crore is expected to be invested on the two projects which will be completed in five years most probably. Bengaluru will have 172 km of Metro Rail network after the completion of these two projects.

A joint venture of the Government of India and the Government of Karnataka Bangalore Metro Rail Corporation Ltd (BMRCL) aims to raise Rs 850 crore through the station naming and access rights to firms. Rs 800 crore to be raised from monetisation of assets at the airport.

It also expects to raise Rs 250 crore Value Capture Financing (VCF) through the Transit-Oriented Development (TOD) mechanism.

Image Source


Also read: Bengaluru Metro: Segment linking airport receives central cabinet nod

The Bangalore Metropolitan Planning Committee (MPC) sanctioned Namma Metro’s or Bengaluru Metro projects Phase II-A (Central Silk Board to KR Puram) and Phase II-B (KR Puram to the Kempegowda International Airport) with a total distance of 58.19 km. The consent came after a month of centre approval and nearly after two years of the state government's nod. The committee arranged a meeting on Monday to sanction the projects knowing that the MPC’s permission is required during the conceptualisation of a project and not after the permission by two governments, is yet to be determined. According to sources, the meeting was invited for discussion of tenders and land acquisition issues. It is believed that Chief Minister of Karnataka BS Yediyurappa has given his permission to assign work orders to the lowest bidders of Phase II-A project Shankaranarayana Constructions and Afcons Infrastructure Ltd. At the same time, the last date to declare tenders for the Phase II-B project was delayed. Rs 14,788.10 crore is expected to be invested on the two projects which will be completed in five years most probably. Bengaluru will have 172 km of Metro Rail network after the completion of these two projects. A joint venture of the Government of India and the Government of Karnataka Bangalore Metro Rail Corporation Ltd (BMRCL) aims to raise Rs 850 crore through the station naming and access rights to firms. Rs 800 crore to be raised from monetisation of assets at the airport. It also expects to raise Rs 250 crore Value Capture Financing (VCF) through the Transit-Oriented Development (TOD) mechanism. Image Source Also read: Bengaluru Metro: Segment linking airport receives central cabinet nod

Related Stories

Gold Stories

Next Story
Real Estate

Elevate Homes to Develop Premium Project in Gurugram

Elevate Homes, the integrated residential development platform established by Hines and Conscient Infrastructure, will develop a premium residential project in Sector 63A, Golf Course Extension Road, Gurugram. Spread across 10.5 acres with around two million sq. ft. of saleable area, the project is planned for launch later in 2026.Designed by global architecture firm Benoy, the development will feature globally inspired architecture, nature-led design and curated wellness-focused spaces. The project will offer more than 600 three- and four-bedroom residences, with a focus on liveability, susta..

Next Story
Real Estate

BPTP Skynest Wins Premium High-Rise Development Award

BPTP Limited has been recognised with the ‘Premium High-Rise Development of the Year’ award for its residential project BPTP Skynest at the Times Realty & Infrastructure Conclave 2026, held at Grand Hyatt, Gurugram.Located in Sector 80, Greater Faridabad, BPTP Skynest is designed as a premium high-rise residential development featuring contemporary architecture, thoughtfully planned homes and lifestyle-oriented amenities. The project comprises 504 residential units and incorporates biophilic design elements through 20 dedicated Sky Nests, landscaped green spaces integrated within the t..

Next Story
Real Estate

Dubai Buyers Seek Independent Property Transfer Services

Dubai’s property market is witnessing growing discussions around the role of independent transfer services, as some leading brokerages require buyers to pay conveyancing or sales-progression fees even when the service is managed within the same business group holding the seller’s mandate.The practice has gained attention as brokerage websites promote such services, while LinkedIn and Instagram profiles highlight dedicated sales-progression teams operating within agencies. Industry observers point out that the concern is not about the capability of in-house conveyancers but whether buyers s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code