The Bangalore Metro Rail Corporation Limited (BMRCL) has floated the tender for the Silk Board – K.R. Puram metro line under Phase II–A. Civil work on the elevated corridor will be executed in three packages — Silk Board to Bellandur, Bellandur to Doddanakundi and Doddanakundi to K.R. Puram.
The BMRCL estimates that construction of the nearly 20-km elevated corridor with 13 stations will cost ₹1,229 crore.
“This metro line is very crucial and will benefit lakhs of people working in companies located on the Outer Ring Road," said BMRCL Managing Director Mahendra Jain. The alignment will have an intersection metro station at both ends with stations at Marathahalli, Kadubeesanahalli, Bellandur and HSR Layout. As per the Detailed Project Report (DPR), this entire stretch is estimated to cost ₹4,202 crore and will include acquisition of land.
The Silk Board to K.R Puram line connects R.V. Road to the Bommasandra line and Baiyappanahalli to the Whitefield line of phase II. The intersection metro station at Silk Board will help commuters reach Electronics City while the K.R Puram intersection station will help people to commute towards Whitefield. This way, other IT corridors will be linked via Namma Metro.
The State cabinet had recently accorded approval for innovative financing initiatives and gave the BMRCL the green signal to float the tender. The corporation has reached an MoU with Intel India and the Embassy Group to raise funds for construction of two stations at Kadubeesanahalli and Bellandur. The move will help the BMRCL raise ₹200 crore to build two metro stations.
It is reaching out to other tech parks and corporate bodies to raise funds. The companies funding the project will be offered 3,000 square feet of space for retail purposes and 1,000 sq. ft. of space for advertisements for a period 30 years. The BMRCL will give dedicated access from the metro stations to campuses of companies for a period of 99 years.