Armed with the Cabinet approval to link Namma Metro to the Outer Ring Road (ORR), the Bangalore Metro Rail Corporation Limited (BMRCL) hopes to prepare a detailed project report (DPR) by November this year, to meet the three-year deadline.
BMRCL Managing Director Pradeep Singh Kharola said that the corporation will use in-house resources to prepare the DPR, which would be ready in the next one to two months.
“The project report, consisting of Metro alignment, expected ridership, cost and funding options, would be submitted to the State and Union Governments for approval,” another BMRCL official said.
Covering 18-km of densely populated stretch, the Rs 3,600-crore project passes through Matriarchal junction, thus connecting Namma Metro Phase II lines at Central Silk Board (RV Road-Bommasandra) and KR Puram (Baiyappanahalli-Whitefield).
BMRCL, which is yet to acquire land required for the Phase II lines, has set a target to commission the project by 2020. With this, Silk Board and KR Puram will become interchanging stations like the Kempegowda Metro station in Majestic.
The proposed ORR Metro stations are: Silk Board, HSR Layout/Venkatapura, Agara junction, Iblur Junction, Kadubeesanahalli, Marathahalli junction, ISRO, Mahadevapura and KR Puram. More than 10 lakh people commute on this particular stretch everyday. The BMRCL had recently floated a tender for topographic, land and property survey for the new line.
Chief Minister Siddaramaiah had said the project would be taken up under Namma Metro Phase II (A), by auctioning access land of BMRCL and through innovating financing models. It includes: betterment charges, premium Floor Area Ratio (FAR), naming rights/advertising, premium accessways/ramps, airspace commercialisation and additional cess on approval of new projects and developments.