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Bengaluru’s continually expanding metro system will soon be able to boast another major development with the Red Line (Phase 3A); an important corridor from north to south east Bengaluru between Hebbal and Sarjapur. The metro will not only alleviate traffic congestion but will also begin to adjust the real estate ethos of Bengaluru; specifically for its growing, peripheral north and south suburbs. Let’s have a look at the route, some important stations, and the impact the Red Line could have on values throughout its catchment.

Namma Metro Red Line: Overview

The Red Line is part of the Phase 3A in the expansion of the BMRCL which connects technology corridors and clusters of residential development across Bengaluru. The Red Line aims to improve connectivity between the mostly unconnected north and south east Bangalore where there is limited public transport infrastructure and notorious heavy congestion. The Red Line will intersect with the purple line (Baiyappanhali-Kengeri) and Blue Line (ORR Line), creating a more integrated metro grid. Route Information Red line-

  • Origin: Hebbal (North Bengaluru)
  • Destination: Sarjapur (Southeast Bengaluru)
  • Distance: Approx. 36.59 km with 28 stations
  • Type of Operation: Elevated and underground sections

Major Intersections

Region Key stations
North BengaluruHebbal, Nagawara, Kalyan Nagar
Central BeltIndiranagar, Domlur, Koramangala
South-East BengaluruHSR layout, Agara, Iblur, Sarjapur

Effects on Real Estate: The Tale of Two Corridors

1.  North Bengaluru (Hebbal, Nagawara, Thanisandra)

  • Current Situation: North Bengaluru is known for proximity to the airport and companies in the enterprise/business parks, including Manyata Tech Park, and has already seen most of the major development; however, metro connectivity has been limited. Expected Effects:
  • In Hebbal, Nagawara and vicinity, residential projects will become more attractive to existing and new buyers as the commute to CBDs becomes shorter/less obnoxious. 
  • As the very-well-received line becomes operational, we expect existing under-construction projects, or ready-to-move projects to experience price appreciation of 10-20%. 
  • Hennur Road and section of Thanisandra which are previously undervalued due to lack of connectivity are beginning to see more investment interest.

2. South and South-East Bengaluru (Koramangala, HSR, Sarjapur) 

  • Current Situation: While Koramangala and HSR Layout are fully developed, they are both highly congested in terms of traffic, with Sarjapur, a burgeoning IT and burgeoning residential location, is faced with lack of dependable direct mass transit options.
  • Expected Effects:
    • Koramangala and HSR will now be well-connected to IT hubs, increasing the livability of both areas, and rental values.
    • Sarjapur Road is currently inundated with traffic snarls, so new property values for plots and a premium apartment project will increase significantly. 
    • New development along corridors with metro connectivity will become more valuable, increasing housing diversity and choices. It may also create competition for built-form.

Also read: Delhi to Meerut in Minutes – Will Namo Bharat Corridor Skyrocket Property Prices in These Areas?

Property Price Trends (Projected)

Location Current Price Estimate (Post-Metro Completion)
Hebbal ₹8,000-₹12,000₹10,000-₹14,000
Nagawara₹6,500-₹9,000₹8,500-₹11,000
HSR layout₹9,000-₹14,000₹11,000-₹16,000
Sarjapur Road₹5,500-₹8,500₹7,500-₹10,500

Reasons why Metro Connectivity Connects People to Value

  • They shorter commute times: Accessing your CBDs or tech parks faster helps livability.
  • They have higher rental yields: Connected property attracts working professionals.
  • They improved infrastructure: There tends to be improvement of roads, utilities and social amenities around metro corridors.
  • They investor confidence: Metro routes are considered low-risk zones when making decisions about long-term real estate investments.

Development Process – Plan & Caution

The Red Line is being actively constructed as we speak, but as we know, timelines for completion may be delayed due to land acquisition or funding issues. So, if you are a real estate buyer, you should do the following prior to getting involved:

  • Validate all required project approvals and RERA registration
  • See if the builders have trail of history in metro-affected areas
  • Be prepared to invest for 3-5 years to take in full appreciation value

Final Thoughts

The Hebbal–Sarjapur Red Line could very well be a game changer for Bengaluru’s urban mobility and real estate scene. For homebuyers, end-users, and property investors alike, areas in and around this corridor could be enticing. Whether it’s a lifestyle upgrade in Koramangala or a property investment in new emerging micro-markets like Iblur or Nagawara, the metro will be drawing the distance closer soon – and who knows, maybe you’ll double your property as a result of its transportation improvements.

Written by Pranjal Data

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