The ongoing expansion of Bengaluru’s Namma Metro is set to revolutionize the city’s real estate market, particularly in the North and Southeast corridors. With Phase 3A connecting Sarjapur to Hebbal and proposed extensions reaching Devanahalli, property experts are forecasting a sharp increase in both property prices and rental yields across the city.
Approved by the Karnataka cabinet in December 2024, Phase 3A—popularly known as the Red Line—will stretch over 36.59 km, linking Sarjapur in the southeast to Hebbal in the north.
The route will include 28 stationswith major interchange points at Iblur, Agara, Dairy Circle, KR Circle, and Hebbal. These hubs are expected to alleviate congestion and enhance accessibility across tech corridors.
Real estate professionals report that areas along the upcoming metro route, such as Sarjapur, Varathur, and Agaraare witnessing growing demand.
In North Bengaluru, rental yields are projected to rise by 28%driven by increased investor interest and better connectivity.
The 2025 Karnataka Budget proposed extending the Namma Metro to Devanahhaliaiming to boost last-mile connectivity to the Kempegowda International Airport.
This extension is unlocking new real estate potential in Devanahalli, Bagalur, and Nelamangalawhere demand is climbing fast.
Current rates in North Bengaluru:
Experts believe that the metro expansion will decentralize growth from the congested city center, encouraging balanced development across Bengaluru. With new lines connecting distant suburbs to core business hubs, real estate developers, investors, and homebuyers are finding fresh opportunities in the city’s evolving skyline.
