Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Embassy Office Parks REIT (Embassy REIT) will invest INR 100 crore to develop Bengaluru's Kadubeesanahalli Metro Station on the Outer Ring Road (ORR), enhancing connectivity between Central Silk Board and KR Puram. BMRCL Managing Director M. Maheshwar Rao highlighted the ORR corridor's significance in linking commercial and residential hubs. Embassy REIT's interim CEO, Ritwik Bhattacharjee, reaffirmed its commitment to urban mobility, citing past investments in infrastructure, including a flyover and a pedestrian footbridge. On February 28, 2025, Embassy REIT and BMRCL signed their partnership. The 17-km Metro ORR Project, spanning 16 stations, aims to ease commutes in Bengaluru's key business districts.
According to recent reports, Embassy Office Parks REIT (Embassy REIT) will allocate INR 100 crore for the construction of the Kadubeesanahalli Metro Station on Bengaluru's Outer Ring Road (ORR), linking Central Silk Board to KR Puram. This initiative reflects its commitment to strengthening urban mobility through strategic infrastructure investments and fostering seamless connectivity for businesses and residents alike. Advertisement
M. Maheshwar Rao, managing director of Bangalore Metro Rail Corporation (BMRCL), highlighted the ORR corridor's importance as a key transit route linking commercial hubs, office parks, and residential areas. He pointed out the significance of public-private collaborations in accelerating infrastructure growth and expressed confidence in strengthening Bengaluru's metro network through such partnerships. The metro station will bear the name Embassy TechVillage Kadubeesanahalli Metro Station for 30 years following the commencement of commercial operations.
Ritwik Bhattacharjee, interim chief executive officer of Embassy REIT, stressed the need for infrastructure to evolve in tandem with Bengaluru's growth as a global business hub. He reiterated the company's dedication to solving urban mobility challenges through long-term investments. Embassy REIT previously invested over INR 180 crore in constructing a flyover at Embassy Manyata Business Park, which significantly reduced traffic congestion.
Additionally, the company allocated INR 30 crore to develop a pedestrian footbridge, enhancing safety for commuters. Bhattacharjee affirmed that supporting metro expansion aligns with Embassy REIT's vision of leveraging public-private partnerships to drive impactful infrastructure transformation.
With 16 stations planned along this stretch, the project aims to enhance connectivity for thousands of daily commuters. The corridor will serve key business districts, including Embassy TechVillage, reinforcing Bengaluru's position as a dynamic and well-connected commercial hub.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
