Embassy Office Parks REIT has committed an investment of Rs 100 crore to fund the Kadubeesanahalli Metro Station on Outer Ring Road.
“The investment will contribute to the construction of the Kadubeesanahalli Metro Station on the Outer Ring Road (ORR), which will be named ‘Embassy TechVillage Kadubeesanahalli Metro Station’ for a period of 30 years from its commercial operation date” said a statement from Embassy REIT on March 3.
Also, read: Bengaluru: Real estate firm dilly-dallies over Bettahalasur Metro station on airport line
Embassy REIT and Bangalore Metro Rail Corporation Limited (BMRCL) signed a definitive agreement on February 28, 2025, for the development of this new metro station along the ORR corridor.
Bengaluru Metro’s ORR corridor spans 17 km from Central Silk Board Junction to KR Pura. This corridor, which includes 16 stations, aims to enhance connectivity for thousands of commuters in Bengaluru’s key business districts, including the landmark Embassy TechVillage business park.
Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, "Embassy REIT is committed to solving key urban challenges through strategic and long-term investments in mobility solutions. Previously, we invested over Rs 180 crore to build a flyover at Embassy Manyata Business Park, significantly decongesting traffic in the area. Additionally, we made around Rs 30 crore investment in a pedestrian footbridge for safer movement. Our continued support for the metro expansion reflects our belief in public-private partnerships to drive meaningful change in the city’s infrastructure."
M Maheshwar Rao, Managing Director, BMRCL, said, “Outer Ring Road corridor is an important mobility route in Bengaluru, connecting key commercial hubs, IT parks, and residential areas. Such partnerships are instrumental in accelerating infrastructure growth, and we look forward to working together to build a more accessible and sustainable metro network for the city.”
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