1 City Overview (continued)
A significant amount of infrastructure initiatives have been undertaken by the state government to reduce the infrastructure
inadequacies attributed to the increasing population density. Some of the key infrastructure initiatives undertaken are
highlighted below:
Project
Description
Metro Rail
(Phase 1)
Overview:
The metro rail is aimed at connecting important hubs in the city through 32 stations and
2 lines, with an estimated travel time of 33 minutes from end to end.
Bangalore Metro (Phase -1) connecting Hessarghatta to Jaragenehalli (North-South) and Mysore Road
to Byappanahalli Terminal (West – East) – Divided into 4 reaches it is expected to be completed by
Q2 CY2016
•
Reach I – Swami Vivekananda station, Trinity Circle, Ulsoor, Byappanahalli (Operational since
Q3 CY2011)
•
Reach II – Magadi Road, Vijayanagar, Mysore Road Terminal (Operational since Q4 CY2015)
•
Reach III – Malleshwaram, Rajajinagar, Yeshwanthpur, Peenya (Operational since Q1 CY2014)
•
Reach IV – Jayanagar, R V Road terminal, Puttenahalli (Expected completion Q2 CY2016)
Impact:
The Reach I (operational since October 2011) has been witnessed to provide enhanced
connectivity to Old Madras Road, located in proximity to the subject micro-market of Whitefield.
Metro Rail
(Phase 2)
Overview:
The second phase of the project is expected to cover 72 km with 61 stations. The routes
proposed are Mysore Road to Kengeri, Byappanahalli to Whitefield, Hesarghatta Cross to BIEC,
Puttenahalli Cross to Anjanapura Township, IIM-B to Nagavara, and R V Road to Bommasandra. Based
on interactions with government officials we understand that the Detailed Project Report (DPR) has
been prepared by the Delhi Metro Rail Corporation. Construction for Phase 2 is expected to commence
by end of CY2016 (post operations of Phase 1) and is expected to be operational by CY2021.
Impact:
The Phase 2 is expected to provide direct connectivity to the subject micro-market of
Whitefield from the other parts of the city.
Peripheral
Ring Road
(Phase 1)
Overview:
The proposed phase 1 of Peripheral Ring Road is 63.4 km long with 6-lane bi-directional
carriageway (3 lanes on either side). The project is expected to circumnavigate the city linking the
major highways such as Tumkur Road (North West), Bellary Road (North) and Old Madras Road (East).
Bangalore Development Authority (BDA) has already finalised the DPR for the Phase 1 between
Tumkur Road and Hosur Road (via Bellary Road), and the construction is expected to begin shortly.
Land acquisition for development of the road is currently underway. Phase 2 of Peripheral Ring Road
is currently under planning stages only.
Impact:
Peripheral Ring Road is expected to provide direct connectivity to Whitefield (subject micro-
market) with other parts of the city in North and South Bangalore.
Source: CBRE Research
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ASCENDAS india trust ANNUAL REPORT
2015/2016
