B S Yeddyurappa, Chief Minister of Karnataka, on 15 April 2010 laid the
foundation stone for the Sampige Road station of Namma Metro being taken up
under PPP with the Mantri Infrastructure.
The 5.04-acre property acquired by the Bangalore Metro Rail Corporation (BMRCL)
from Mantri divided the latter's property into two parts. The agreement
envisages providing land free of cost for the construction of the Sampige Road
Metro Station by the developer. The right use of the space surrounding the
station for commercial purposes is what the compensation the developer gets.
Mantri Developers is expected to construct the station, measuring 80,000 sq
ft as per the design, standards and specifications approved by BMRCL within 20
months. A commercial complex measuring eight lakh sq ft will also come up
surrounding the station with parking facility for 2,000 cars.
As of now, more than 20 per cent of the civil work is complete on the metro
project. Reach 1 between Byappanahalli and MG Road will be operational by
December 2010.
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