Private firms voluntarily contribute 16,000 sq mtrs of land to BMRCL

This contribution results in Rs 175 crores in savings for BMRCL

These firms have forgone compensation for giving away their land

Private firms in Bengaluru have played a crucial role in supporting the Bangalore Metro Rail Corporation Ltd (BMRCL) by voluntarily contributing over 16,000 square meters of prime land for its Metro project.

This noteworthy gesture has resulted in substantial savings for the BMRCL, estimated to be around Rs 175 crore, as these companies have forgone the compensation typically received by land losers, often surpassing the recommended value by two to four times.

Eight private companies have actively participated in this initiative, with four of them—namely, AMR Tech Park, Total Environment Building Systems, Prestige Notting Hill Investments, and Vikas Telecom Pvt Ltd—opting not to receive any monetary compensation and instead presenting their land as a generous gift to the Metro project.

The other four companies—Infosys, Biocon, RMZ Infotech, and Nettur Technical Training Foundation (NTTF)—have received either full or partial portions of their contributed land back from the Metro project.

In addition to their land contributions, Infosys and Biocon are further enhancing their involvement in the Metro project by financially supporting the construction of two separate Metro stations on Hosur Road.

Infosys is taking an additional step by constructing an air-conditioned foot-over bridge on the ‘leased’ land, connecting its campus with the upcoming Konappana Agrahara Metro station.

This collaborative effort between private entities and the BMRCL not only demonstrates a unique blend of altruism and strategic planning, but also underscores a shared commitment to fortifying public infrastructure while addressing the needs and concerns of the contributing firms.