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Metro boosts Bangalore suburban localities – Icon Infra Shelters India PVT. Ltd

Source: Times Property in The Times of India, Bangalore

Bangalore

Close on the heels of the State cabinet’s decision to clear Phase II of the Namma Metro project, Asia Development Bank (ADB) in what can be seen as a first in the country, has agreed to disburse USD 250 million directly to the Bangalore Metro Rail Corporation Limited (BMRCL) without a guarantee or routing it through the government.

The ADB has agreed to disburse the loan directly after being convinced of the Metro Rail project’s financial viability, having conducted a study on the various facets of the Metro for nearly two years. This gives a shot in the arm to the BMRCL which is at various stages of construction of Phase I of the project.

Extensions

Phase II will have four extensions and two new lines running across 72.1 km. The detailed project report (DPR) is estimated at a cost at Rs 27,000 crores. The project may be completed by 2017, after the Phase I is completed in 2014.

The routes will be extended from the existing Phase I lines to the periphery of the city. According to the project report, the lines on the east-west corridor of Phase I may extend up to Whitefield from the existing terminating point at Baiyappanahalli in the east (15.5 km) and up to Kengeri from the present terminating point at Mysore Road.

The plan is to extend it up to the Bangalore International Exhibition Centre (BIEC) from Hesarghatta Cross (3.8 km) in the north, and up to Anjanapura Township from Puttenahalli Cross on the south (6.3 km).

The project also recommends a new line between Gottigere and Nagavara, passing the Indian Institute of Management and Dairy Circle, from where it goes underground via Hosur Road, Madiwala, Vellara Junction, Brigade Road, Cauvery Emporium Junction, Kamaraj Road, Cantonment Railway Station, Tannery Road and Outer Ring Road Junction.

The second new line will be constructed near R V Road Terminal at Jayanagar, which is part of the north-south corridor to Bommasandra Industrial Estate (18.8 km). The route will pass via BTM Layout, Central Silk Board Junction and Electronic City. The second phase will have 61 stations.

Potential zones

Since Phase II consists of extensions of all four lines of Phase I, in addition to the proposed two lines, the areas served will cover most of the city’s peripheral areas that have now become thriving micro markets.

Whitefield, for example, is already a bustling suburb. The connectivity to this region will spur further development. The proposed Metro line will pass through Mahadevapura, ITPL, Doddanekundi Industrial Area, Kundalahalli and Kadugodi Industrial Area.

These are potential hotspots for property investors. A large number of projects are already at various stages of construction in this belt, and a massive project like this will only realise the full potential of the investment, making it possible for higher floor area ratio (FAR) and vertical growth.

The additional line which will be drawn up between R V Road and Bommasandra will serve the areas of Silk Board, HSR Layout, and Electronic City well. Another line to Gottigere will give a boost to connectivity to Hulimavu on Bannerghatta Road which is an area which has developed immensely in the last few years.

Towards Mysore Road, the extension up to Kengeri will serve the residential layouts along the vicinity and give a boost to industrial development in the Bidadi region.

In the Peenya region, the proposal to extend the line much beyond the elevated road over the congested Peenya Industrial Area augurs well for industries which have spread across up to Dabaspet.

Another potential corridor will be the Anjanapura area that is rapidly growing given its proximity to the NICE corridor and Kanakapura Road.

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If you don’t live in a flat, life’s a grind here – Icon Infra Shelters India PVT. Ltd

Source: Times of India, Bangalore Monday March 5, 2012

BANGALORE: When Sathish V, a BCom student, returns home to a power cut and can’t even hop across to find a cyber cafe in the vicinity, he gets an idea of his locality. Not too far away though, tech professionals live in the quiet newly sprung gated communities and apartment complexes, far away from traffic snarls and 5 to 7km from their workplaces at Electronics City. Here too, the pastoral meets the ultra-modern where on one side of the road you can find world-class hospitals, international schools and villas. A village panchayat is still in charge of civic amenities.

Welcome to the upcoming township Chandapura in Bangalore South, along the road to Anekal, suddenly finding a new urbanism on its map. “I’ve seen many villas on Sarjapur Road and also near Chandapura, as both places are close to my workplace at Electronics City. I prefer to buy a plot in Chandapura as the latter offers gated communities which are safer,” says Madhulika Bhagat (27) a techie hailing from Patna. For many like her, a home closer to the workplace is a dream high on the agenda.

Apartments here are self-contained with facilities like amphitheatre, swimming pool, jogging track, gym and party hall, children’s play area, gardens, tennis and badminton courts, but the rest of the locality has to travel elsewhere to even watch a movie.

Just across, the villagers of Chandapura are not too happy with the turn of things. “We are losing our land… Farm land is being used for construction of bungalows. Cultivation has been hit badly,” says Lalitha N, a floriculturist. Many like her here and in nearby villages like Hennagara are engaged in growing button roses and marigold flowers.

Other residents grapple with basic problems. VS Mani of Kittagana talks of severe water scarcity. “We have better roads and even bus connectivity is good. At Chandapura bus stand, you can catch a bus to any part of Bangalore every minute. But the huge group housing complexes, industries and hospitals that have come up in the locality have sapped underground water. Earlier, we’d get water if we dug just 300 feet deep, but now there’s no trace of it even double the depth… The thought of summer is scary,” says Mani who has lived there for all of his 60 years.

Chandapura, along with a clutch of neighbouring villages in Anekal taluk, depends on borewell water and private tankers. Hennagara lake, a major water source about two decades ago, has now seen encroachments. Residents say another problem is garbage pile-ups. Door-to-door collection is virtually absent.

Mani is one of the directors of Swami Vivekananda Rural Education Society, an established school in Chandapura. “Many international schools are coming up,” he says of the area growing as an education hub. Supplementing this are coaching classes for competitive exams. Traffic worries are set to ease with the coming up of an elevated expressway. For now, it seems to be a locality comfortable for those who are in apartment complexes.

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