Bengaluru Transit Infra Project- A Boost to Real Estate in 24 Locations!

According to a report by Bengaluru Urban Infrastructure, “the upcoming Bengaluru Transit Infra Projects will benefit the real estate development in various metro cities”. According to a study by Knight Frank. These Infra Projects are being implemented under different models costing more than $10 billion. 24 specific locations have been identified which would be benefited from these Transit Infra Projects. More than 120 kilometers and 200 kilometers of metro and road projects are under the phase of construction in Bengaluru. 

Basically, Transit Infra Projects are designed to improve the connectivity between residential and metropolitan areas. It improves the opportunity for employment, healthcare, and education. Metros, Highways, Bridges, etc. are some examples. 

Benefits of Bengaluru Transit Infra Projects

It is expected that these Bengaluru Transit Infra Projects will boost the large-scale real estate development across 24 most important locations in Bengaluru city. These projects would be beneficial for commercial sectors. Specially for those office hubs which are located in isolated locations and require connectivity primarily Public Transport facilities. It is estimated, between 2021-2025 the projects like Bengaluru metro phase 2, extensions gets completed. Other major road projects like peripheral ring road, suburban rail network, and satellite town ring road are likely to be completed after 2025. 

Whitefield, Bellandur to Marathahalli Beli, Mahadevapura To KR Puram Belt. Electronic City Phase-1, and Electronic Phase-2 are some markets that will likely to be impacted by transit-orient infrastructure projects. 

Rajani Sinha, National Director and Chief Economist- Research Knight Frank India has quoted that- Development of Bengaluru transit infra projects will not only improve connectivity. It also reduce the traveling time to major Office hubs and employment locations. These huge upcoming infra projects would also boost the real estate market.

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