Namma Metro (Bangalore Metro) was conceptualized at the same time as that of Delhi Metro. While Delhi Metro has reached as far as Gurgaon, Noida and Gaziabad, Namma Metro has struggled to criss cross Bangalore itself. The construction of Phase 1 commenced in 2007 and was planned to get over by the end of 2011. However, after a delay of 7 years, Phase 1 of Namma Metro is finally completed and will be opened to public on June 19, 2017.
Proposed Route of Namma Metro
Namma Metro is planned to be constructed in three phases: Phase 1 is 42.3 Km, Phase 2 is 72 Km and Phase 3 is 133 Km. Once completed it will considerably boost City’s Metro grid and enable people to travel from North to South and East to West within 1 hour.
Kindly note: Colours shown in the above image is NOT the colour of proposed metro lines. These colours only show different phases of the proposed route for Namma Metro.
Connectivity of Phase 1
Phase 1 has two different lines – Purple and Green. Purple Line connects Nayandahalli on Mysore Road in the West to Baiyappanahalli on Old Madras Road in the East. The Green Line connects Nagasandra on Tumkuru Road to Yelechenahalli on Kanakapura Main Road in the South. The below route map shows both Purple and Green Lines. The entire Phase 1 spans 42.3 Km, out of which Green Line will cover 24.2 Km and Purple Line covers 20.1 Km.
Impact on Real Estate
Better infrastructure especially metros brings huge dividends for the real estate on and around the metro lines. Primary reasons being reduced travel time and development of social infrastructure around metro stations. If you look at the above route map of Phase 1, one can now travel from Yelechenahalli in South to Baiyyapanahalli in the East within 40 mins, which by road can take up to 2 years during peak time!!
Bad infrastructure forces people to stay closer to their places of work. This shoots up real estate prices and rentals in those areas as demands outstrip supplies. With a functional metro, one has no pressure to stay closer to their place of work because of significant reduction in travel time as well as stress free commuting. This opens up huge space for additional real estate development in far places yet connected by metro lines. One can now expect strong demand for properties on the far end of both Purple and Green lines where prices are still much lower than those in commercial hubs of Bangalore.