BMRCL earns ₹100 crore revenue even before completion of Namma Metro’s Blue Line

BMRCL earns ₹100 crore revenue even before completion of Namma Metro’s Blue Line

Embassy REIT to invest Rs 100 crore on Bengaluru's Kadubeesanahalli Metro station
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 The Bengaluru Metro Rail Corporation Limited (BMRCL) has already generated ₹100 crore in revenue ahead of completing the 58-km Blue Line construction from Silk Board to KR Puram and from KR Puram to Bengaluru Airport. This significant income boost comes through a strategic agreement with Embassy Office Parks REIT.

Under Phase 2A of the Namma Metro project, the Kadubeesanahalli Metro Station is being developed along the Outer Ring Road (ORR). As part of the deal, Embassy REIT’s subsidiary, Vikas Telecom Private Limited, will invest ₹100 crore in the station’s construction. In return, BMRCL has granted the company exclusive rights for advertising, commercial space, direct connectivity, and station naming rights for 30 years. The station will be officially named “Embassy Tech Village Kadubeesanahalli Metro Station.” Kadubeesanahalli Metro Station is one of 16 stations on the 17-km ORR corridor, which aims to ease traffic congestion and reduce vehicular pollution in Bengaluru. Officials emphasize that such public-private partnerships accelerate infrastructure development and promote sustainable urban transport.

BMRCL’s Managing Director, M. Maheshwara Rao, expressed satisfaction with Embassy REIT’s support, highlighting its role in enhancing urban mobility. Embassy REIT CIO Ritwik Bhattacharjee reaffirmed the company’s commitment to long-term investments in public transportation, emphasizing the project’s impact on reducing traffic congestion and encouraging metro usage in Bengaluru.

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