KIADB to issue preliminary notice for acquirement of properties

09 Oct 2024 CW Team

The Bangalore Metro Rail Corporation Limited (BMRCL) is set to initiate the process for acquiring properties for Namma Metro's Orange Line, linking JP Nagar 4th Phase to Kempapura. Under the first package of the project, 299 private properties have been identified for acquisition to facilitate the construction of an elevated corridor from JP Nagar 4th Phase to Mysuru Road.

The list of identified properties have been sent to Karnataka Industrial Area Development Board (KIADB), which will issue preliminary notification for acquiring the properties for Namma Metro. A BMRCL official said, "The construction of an elevated corridor for a length of 32.2km will be taken up in three packages: JP Nagar 4th Phase to Mysuru Road; Mysuru Road to Kanteerava Studio and Kanteerava Studio to Kempapura." The first package alone requires the acquisition of 299 private and 29 govt properties.

"After completing surveys, details of the private properties have been sent for issuing preliminary notification," the official added. The notice is expected to be issued in a few weeks for property owners to raise objections. There are no high-rise buildings in the way of alignment but there are many commercial buildings, mostly three-storey structures.

Resources

19 Jun 2025

NAREDCO Mahi Advocates Women-Led Growth for $1 Trillion Realty Goal

In a strong endorsement of women鈥檚 growing role in infrastructure and real estate, NAREDCO Mahi, the women鈥檚 wing of the National Real Estate Development Council (NAREDCO), held a media interaction today in the capital. The event served as a curtain raiser to the upcoming 4th NAREDCO Mahi Convention, slated for 27th June, and focused on enabling women to lead India鈥檚 real estate growth as part of the nation鈥檚 Viksit Bharat 2047 vision. With India鈥檚 real estate sector currently valued at over $265 billion and projected to reach $1 trillion by 2030, women remain underrepresented鈥..

Real Estate

18 Jun 2025

Swamiraj Rebrands as House of Swamiraj, Announces Rs 210 Cr Project

In a strategic shift marking its evolution from a reputed builder to a lifestyle-focused brand, Swamiraj Constructions has rebranded as House of Swamiraj. With a two-decade legacy and over 1,700 homes delivered across the Mumbai Metropolitan Region (MMR), the company is embracing a new phase centred on community-driven, wellness-oriented living. The rebranding was unveiled via a digital campaign titled #BeyondDimensions, executed in three phases鈥攖easer, engagement, and launch. The campaign spotlighted the brand鈥檚 renewed commitment to designing homes that go beyond function to foster ..

Resources

18 Jun 2025

Morpho Dimensions Set to Cross Rs 1 billion Revenue in FY 25鈥�26

Morpho Dimensions, a venture of acclaimed architecture and design firm Morphogenesis, is transforming India鈥檚 office interiors landscape with a technology-first, design-led approach. With a secured orderbook of Rs 700 million and additional projects in the pipeline, the firm is confidently on track to cross Rs 1 billion in revenue in FY 2025鈥�26.聽By combining Artificial Intelligence (AI), Building Information Modelling (BIM), and Virtual Reality (VR), Morpho Dimensions enables clients to visualise and step into immersive, ready-to-operate workspaces within 90 days鈥攗shering in a new bench..