<p>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.<br /><br /></p>.<p>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. <br /><br />“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. <br /><br />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). <br /><br />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. <br /><br />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.<br /><br />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. <br /></p>
<p>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.<br /><br /></p>.<p>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. <br /><br />“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. <br /><br />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). <br /><br />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. <br /><br />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.<br /><br />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. <br /></p>
