SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

PM Modi inaugurates new Kolkata metro corridors to boost urban connectivity and real estate

#Infrastructure News#Infrastructure#India
Last Updated : 27th Aug, 2025
Synopsis

Prime Minister Shri Narendra Modi on August 22, 2025, inaugurated new stretches of the Green, Orange, and Yellow metro lines in Kolkata, marking a significant push for urban infrastructure. The projects, worth over INR 5,200 crore, are expected to transform the city's commute by directly linking the airport to major railway hubs and IT corridors. This expansion is projected to spur residential and commercial real estate growth in eastern and southern Kolkata, with experts forecasting a property value appreciation of at least 5% in the metro-linked micro-markets.

Prime Minister Shri Narendra Modi on August 22, 2025, inaugurated new stretches of the Green, Orange, and Yellow metro lines in Kolkata, a move that significantly boosts the city's urban transport network. The projects, which cover a total of 13.61 kilometers of new track and seven new stations, are expected to drastically cut travel time and improve connectivity across the city's busiest areas. The inauguration also included a newly constructed subway at Howrah Metro Station and the laying of the foundation stone for the INR 1,200 crore Kona Expressway.


The Green Line extension, a 2.45 km underground link between Sealdah and Esplanade, will connect two of the city's busiest railway hubs, Howrah and Sealdah. This is expected to reduce travel time between them from an average of 40 minutes to just 11 minutes. The Yellow Line stretch, a 6.77 km route from Noapara to Jai Hind Bimanbandar (Airport), provides Kolkata with its first direct metro link to the international airport, a long-awaited development for commuters and tourists. The Orange Line extension, a 4.4 km stretch from Hemanta Mukhopadhyay to Beleghata, will improve access to the city's IT hubs, hospitals, and schools.

The metro expansion is expected to have a major impact on Kolkata's real estate market. Real estate experts believe that improved connectivity will spur residential sales, particularly in suburbs where prices are more affordable, and drive a property value appreciation of at least 5% along the new corridors. They noted that the city's commercial real estate market, which saw a 60% year-on-year growth in the first half of 2025, will also benefit.

Have something to say? Post your comment