CommercialLatest Stories

Bengaluru Metro Pink Line to Boost 5-7 Million Sq Ft Office Demand

File Photo NEW DELHI: Bengaluru’s growing metro network, especially the soon-to-be-launched Pink Line and the recently inaugurated Yellow Line, is predicted to spur a demand for 5-7 million sq ft of office space over the next two years, according to a report by Colliers. The demand is expected to be focused in key micro-markets including central business districts (CBD), secondary business districts (SBD), and peripheral areas like Electronic City, facilitated by enhanced connectivity and shorter commute times. The report highlights that a similar amount of new Grade A office space, around 5-7 million sq ft, is anticipated to be developed…

InfrastructureLatest Stories

BMRCL Greenlights Two-Tier Metro Expansion in Bengaluru

BENGALURU: In a major advancement for urban mobility in Bengaluru, the board of the Bangalore Metro Rail Corporation Limited (BMRCL) has sanctioned the construction of 40.56 km of double-decker elevated corridors as part of the upcoming Namma Metro Phase-3 project. The proposed double-decker route will extend between JP Nagar–Hebbal and Hosahalli–Kadabagere, covering a total distance of 44.65 km. The board plans to request the Karnataka government to cover the additional estimated expenses of ₹8,916 crore for this significant infrastructure expansion. A similar approach has already been executed on a 3-km stretch of Phase-2’s Yellow Line, linking Central Silk Board and…