The impact of Namma Metro project is quite visible in most parts of Bangalore. Price appreciation, launch of new residential & commercial projects, boost in connectivity and infrastructure development, has already taken place in many areas. Projects nearby the metro corridor are expected to see a high value appreciation, which can go up to 100%-150% while rest parts are having a steady growth of 12%-15% on the east-west corridor which is the purple line (Mysuru road to Baiyyappanahalli). The north-south corridor or the Green line connecting Nagasandra to Yelachenahalli is also expecting to see a lot of positive growth from the perspective of real estate. Rental properties have also seen a shoot in price in the last few months. Home buyers are showing more interest in residential developments which are close to metro stations and this has sparked the growth of land value and apartment rates considerably.
Prestige Jindal City Bangalore
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