Property owners in Kasturinagar seek full acquisition for Namma Metro

Owners of properties in Kasturinagar (Bangalore) fear partial acquisition of properties will result in financial losses

0
158
Property owners in Kasturinagar seek full acquisition for Namma Metro
Property owners in Kasturinagar seek full acquisition for Namma Metro

BANGALORE (Metro Rail News): Owners of properties in Kasturinagar have demanded that Bangalore Metro Rail Corporation Limited (BMRCL) acquire whole properties for the Namma Metro project. They fear that the partial acquisition of their properties will cause hardship and result in financial losses too.

BMRCL has reportedly identified several properties on the Ring Road in Kasturinagar to build the metro elevated line as part of the K.R. Puram to Kempegowda International Airport (KIA) route. Property owners, in their requisition to BMRCL, said the present width of the road, where BMRCL is planning to build the elevated line, is 18 ft on the southern side and 28 ft on the northern side. Building metro piers would worsen traffic congestion, they added.

The owners also claimed that the presence of a water pipeline under the road and hard rock will make the construction a difficult task for BMRCL.

Chandrashekar H.M., a property owner, said, “The proposal to build the metro line has jeopardized our future. If they go for partial acquisition, we are going to lose property value. The metro project will also block access to our buildings. Already some tenants have already stopped paying rent.”

On the same line, near HBR Layout, property owners had earlier opposed the construction of HBR station citing that it would contest the service road.

Responding to the demand, a BMRCL official said: “BMRCL is acquiring identified properties as per the requirement. During acquisition, the owners do come with various suggestions on exempting their properties from the acquisition or fully acquiring their properties. The BMRCL will acquire the properties as per the requirement for the line.”

13th International Railway Equipment Exhibition (IREE) 2019

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.