Synopsis: The Karnataka Cabinet approved 11 elevated corridors, and the first phase spanning ~75.6 km across Bengaluru, with a total investment of ₹13,262 crore. The project is executed under the B-SMILE (Bengaluru Suburban Mobility Infrastructure Limited) framework.
Bengaluru’s road network has long struggled to keep pace with its growing population and vehicle density, making traffic congestion one of the city’s most persistent problems. To address this, the state government has cleared a ₹13,262 crore elevated corridor initiative covering 11 proposed elevated corridors that stretches across major arterial routes. The recent updates from the Greater Bengaluru Development Minister Krishna Byre Gowda is that tenders for phase-1 approximately 75 km elevated corridor are expected to be floated.
Source: Magicbricks
11 Proposed Elevated Corridors and key areas
1. Old Madras Road- Nagawara
This corridor connects Old Madras Road to Nagawara. The key areas to watch are Banaswadi, Ramamurthy Nagar, HBR Layout, and Kalyan Nagar. The average property price in these regions are ₹6000 per sq ft. to ₹8,900 per sq. ft. The localities in this area have affordable housing prices and have strong demand from tenants commuting to Hebbal and Manyata Tech Park.
2. Hebbal- Manyata Tech Park
The Hebbal to Manyata is one of Bengaluru’s most active commercial corridors. The micro-markets in this corridor are Hebbal, Nagawara (Nagavara), Thanisandra Main Road, and Jakkur with average property price ranging from ₹11,250 per sq. ft. to ₹14,450 per sq. ft.
3. Nagawara- Hennur
This corridor benefits Hennur Road, Kalyan Nagar, Horamavu, and Banaswadi with average property price ranging from ₹6,500 per sq. ft. to ₹10,350 per sq. ft. which is significantly lower than comparable IT-belt properties.
4. KR Puram- Whitefield
The real-estate pockets of KR Puram, Mahadevapura, Brookefield, Whitefield, and ITPL form the main foundation of Bengaluru’s IT corridor, and the average property price ranges from ₹9,800 per sq. ft. to ₹15,500 per sq. ft.
5. Silk Board- KR Puram
The Silk Board-KR Puram stretch on the ORR is consistently rated among India’s worst traffic blackspots. An elevated solution here will directly benefit Marathahalli, Bellandur, Kadubeesanahalli, and Domlur which are all high-demand commercial and residential zones.The average property price ranges from ₹12,300 per sq. ft. to ₹15,400 per sq. ft.
6. Bellandur- Sarjapura Road
Bellandur and Sarjapura Road are the most active residential investment corridors and further benefit Bellandur, Carmelram, Ambalipura, Sarjapura Road up to Attibele. The average property price ranges from ₹7,150 per sq. ft. to ₹15,400 per sq. ft. The area has seen a significant surge in plotted development launches over the past 24 months.
7. HSR Layout- Electronic City
This corridor serves a dual purpose, relieves congestion and provides access to the IT corridors. The key investment zones which can be considered are Bommanahalli, Hongasandra, Begur Road, and Electronic City Phase 2 periphery. The average property price ranges from ₹6,650 per sq. ft. to ₹10,250 per sq. ft.
8. Banashankari- NICE Road
This corridor links the dense residential zone of Banashankari, JP Nagar, and Uttarahalli to the NICE Road ring providing easy access to Mysuru Road, Kanakapura Road, and Tumakuru Road via the peripheral expressway. The average property price ranges from ₹10,550 per sq. ft. to ₹13,100 per sq. ft.
9. Tumakaru Road- NICE Road
The Peenya Industrial Estate, Yeshwanthpur, Jalahalli, and Hesaraghatta Road micro-markets benefit from this connection. The Tumakuru Road corridor is increasingly industrial investments, hence increasing demand for commercial real estate. The average property price ranges from ₹4,115 per sq. ft. to ₹12,050 per sq. ft.
10. ORR- Kannamangala
Connecting the Outer Ring Road to Kannamangala, this corridor’s localities have seen strong plotted development demand from IT professionals working in Whitefield and ITPL. The average property price is ₹11,700 per sq. ft.
11. Airport Road- Hebbal
This corridor benefits Hebbal Lake Road, Kogilu, Thanisandra, and the Kempegowda International Airport Zone, where both residential and commercial demand is rising sharply. The average property price is ₹14,450 per sq. ft.
All in all
The ₹13,262 crore, 75.6-km elevated corridor programme is a structural shift in how Bengaluru plans to manage its mobility and real estate growth over the next decade. For property investors, the KR Puram-Whitefield, Silk Board-KR Puram ORR stretch, Hebbal-Manyata, and Airport Road-Hebbal corridors offer the strongest near-term appreciation possibility.
Written by Jahnavi
