Namma Metro expansion set to transform Bengaluru’s real estate market

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Chaitanyesh
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Bengaluru metro ridership falls by 1 lakh after fare hike
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  • Namma metro expansion is boosting property prices and rental rates
  • Red Line will significantly improve connectivity reducing congestion
  • Proposed Devanahalli extension is expected to unlock new real estate potential

The ongoing expansion of Bengaluru’s Namma Metro is set to dramatically reshape the city’s real estate sector. With new metro lines extending into previously less connected areas, property values are expected to rise, opening up fresh opportunities for development on the city’s outskirts. Experts predict that improved public transport will attract more residents to these areas, driving up both property prices and rental rates. This growth is likely to ease congestion in the city center, promoting more balanced urban development.

Also read: Chaos on Bengaluru metro: Commuters slam BMRCL over peak hour delays 

Bengaluru’s existing metro includes the Purple Line, covering 43 km and linking Challaghatta to Whitefield (Kadugodi) and Green Line, which connects Madawara to Silk Institute over 30.5 km. the upcoming phase 3A or Red Line, approved in December 2024, will add 36.59 km of track, linking Sarjapur in the Southeast to Hebbal in the north. This new corridor is expected to improve connectivity across the city and reduce congestion at key traffic point.

Real estate experts believe that the metro’s impact will be felt not just along the line but across wider areas. For example, the Red line will increase property demand in Sarjapur, Koramangala and north Bengaluru, with rental rates in these areas expected to rise by 20-30%. Additionally, the proposed metro extension to Devanahalli will improve access to the airport and further drive demand in the region.

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