Namma Metro Reach 3

Q: Namma Metro Reach 3 is already running behind the scheduled time. When they are planning to start Namma Metro?

Harsha Mahipal , Bangalore

25th November 2013

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Replies (5)

Residential population is bit on the higher side in the Bangalore west and the Metro will be beneficial for them. Residential pockets such as HMT Layout will become easily accessible. Cheers

Shazad Laskar, Bangalore

18th March 2014

Comment

The 10 kms metro line which comprises of Reach 3 and 3 A from Sampige Road up to Peenya, begin operational from March 1, 2014. Presently only 10 stations are operational out of 24 stations.

Abhilasha, Bangalore

18th March 2014

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It has been noticed that with the launch of metro rail the property price has increased by 20 to 30 percent in those areas. Property prices at Rajajinagar have reached the levels of Rs 8,100 per sq ft from Rs 6,100 per sq ft

Bala Subramanium, Bangalore

25th November 2013

Comment

Now a 1,000 sq ft apartment in Yeshwanthpur which was selling at Rs 60 lakh till March 2013 is now priced at Rs 85 lakhs which indicates that the property price rose of 55 percent in a period of 9 months.

Anusha, Bangalore

25th November 2013

Despite many projects being under-construction, price rise could not be curbed. With the shift in price structure, certain areas near the Namma Metro will come in the radar of the developers, investors and end-users. In addition to it, the real estate market of the city will again gain momentum.

Sagar Prasad, Bangalore

27th November 2013

The announcement of the Metro line led to price hike in residential property in Malleswaram and Rajajinagar. With the Metro being operational now, further development is envisaged. :) :)

Niketan Verma, Bangalore

18th March 2014

Will it impact the real estate market in Bangalore?

Harsha Mahipal , Bangalore

25th November 2013

Comment

Yeah definitely this will definitely impact the Bangalore real estate market. Anybody will stay in a city which have a good network of metro stations in the city. The areas which have metro connectivity enjoy greater preference from buyers.

Niketan Verma, Bangalore

25th November 2013

Good connectivity defines the essence of a place. A good network of metro stations in the city increases the value of any particular area. With the functioning of the Namma Metro Reach 3, the areas close to it will experience rise in price per sqft, incessantly.

In addition to it, the localities which get connectivity via Namma Metro will be of special importance for the buyers. On careful evaluation of the impact of Metro Rail on major cities such as Gurgaon, New Delhi and Noida, experts suggest that with the functioning of the Metro rail property prices will hit the roof by 20-30% in no time.

Abhilasha, Bangalore

27th November 2013

After the six-lane expressway to the international airport became operational this is the second infrastructural development which is definately going to strengthen the real estate growth in the north-western quadrant of the city

Bala Subramanium, Bangalore

18th March 2014

As far as I know more than 90 per cent of the works at Reach-3 major stations such as Yeshwanthpur Station, Mahalakshmi Station and Rajajinagar Station are done. civil works at these three stations are near completion. The works at the other stations are under progress.

Bala Subramanium, Bangalore

25th November 2013

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