Reach 3B from Peenya to Nagasandra is all set for the commercial operation but they are waiting for the the safety certification from the Commissioner for Railway Safety for the commercial operations to begin as everything else is ready.
Reach 3B was launched in May 2014 and it was expected to be operational by Auguste 2014, then it shifted to March and now finally the much awaited Namma Metro Reach 3B will be operation by May 1
After the completion of this stretch, demand for premium developments will increase because of the proximity to Yeshwanthpur and the Central Business District (CBD). Further, the completion of this stretch will make localities more premium resulting in the shift of many existing industries in the areas near Peenya Industrial Areas.
Yes definitely Metro Reach 3B going to push the realty market in corridor. The city will be seamlessly connected with the outskirts through metro. This will lead to all-round growth in the peripheral locations.
Reach 3B is expected to be operational by March. The stations in this stretch are Jalahalli, Dasarahalli and Nagasandra, which were earlier considered to be the outer limits of the north-west. Development in these areas will boost the real estate market.