Q: After metro became operational M G Road to Baiyappanahalli route as well as the Malleshwaram to Yeshwanthpur route are witnessing interesting developments. Which are the new areas that are going to witness development
Mysore Road junction on the Outer Ring Road to Kengeri will have five stations along 6.50 km stretch.This stretch will grow connectivity when the Bangalore-Mysore State Highway is upgraded from the existing four lanes to six lanes.
The doubling of the railway track between the two cities will decrease travelling time and have an impact on the industrial growth of Mysore too
Extension from Baiyappanahalli to Whitefield is fully elevated, with 14 stations over a length of 15.50 km is planned.
This stretch is definitely going to help the IT hub in Whitefield, as well as the auto hub in Hoskote and Narsapur. It will also augment connectivity when the Bangalore-Chennai Infrastructure Corridor is developed.
The second phase of the Metro Rail corridor will comprise of a total length of 72.10 km. Extension from Nagasandra to Bangalore International Exhibition Centre. This will be a fully elevated stretch of 3.80 km with three stations.
In addition to catering to the industrial growth in Peenya, Greater Peenya, Dabaspet and beyond, this region will also witness a transformation when the Bangalore Mumbai Industrial Corridor becomes a reality.
Extension from Puttenahalli to Anjanapura is also a fully elevated stretch which will run over 6.30 km with five stations along the route.This reach of the Metro will cater to industrial belts of Harohalli, IT hubs in Electronic City and on Kanakapura Road.The stretch is already seeing tremendous residential development much beyond the city limits.
Really true after metro came into being the realty growth in these regions is witnessing more mixed land use, vertical development as well as integrated township developments. Now its time of other areas to see some developments.
As per the report by Cushman and Wakefield, Central Bangalore is still the preferred locality among end-users and witnessed healthy appreciation in both the high-end and middle segments.
In the last three years, there has been an appreciation of 37% in the capital values of high-end locations of the city.
The established suburbs of north-west witnessed the maximum capital value appreciation of 95 percent the highest among the top seven cities due to the launch of quality developments that garnered healthy demand due to their proximity to the international airport.