‘The cultural life of the city is dead’

BANGALORE: With a focus on how the Bangalore Metro will soon become the backbone of work force movement in the city, experts from various fields got together at the Global Initiative for Restr

Published: 24th February 2012 04:11 AM  |   Last Updated: 16th May 2012 06:02 PM   |  A+A-

24dead01

BANGALORE: With a focus on how the Bangalore Metro will soon become the backbone of work force movement in the city, experts from various fields got together at the Global Initiative for Restructuring Environment and Management Destination Bangalore seminar.

Real estate intelligence experts focused on how realty had boomed in 1 km radius along the Metro corridor.

“The Metro is providing better connectivity and reducing travel time for Bangaloreans, but development of reasonable social infrastructure is not happening. The last park was built in Bangalore in 1840. The cultural life of the city is dead,” said V Narasimhan, managing partner, Venkataramanan Associates and a key panelist.

Suggesting solutions for this problem, experts said that post completion of the Phase I, the Metro will have 40 stations and will cover 42 kms.

“There will be one station per kilometre. It is suggestible that the authorities look at creating walking space and other social infrastructure on half-km radius along the Metro stations. The Metro should provide good connectivity by building skywalks and subways,” said Dr Ashish Verma, assistant professor, Department of Civil Engineering and Associate Faculty, CiSTUP.

Girish KS, senior VP - Strategic Consulting, Jones Lang LaSalle, a renowned real estate intelligence firm said, “Growth always follows infrastructure. There is a massive interest in sourcing real estate space 1-km along the corridor. Post completion, the transport cost of the city would go down and the value appreciation of all places in the 1-km surrounding radius of the Metro corridor will happen. We have a good example in the Delhi Metro, where both rental and capital value appreciation went up by 25 percent.” Experts emphasised that Metro should have been an underground project.

“The value of Metro will go up if the middle section that is about 20 km is improved. The above ground section should be ready in 24 months. We need to think about the city in a spatial way. Metro was planned for Bangalore in the 1996 five year- plan. The project should focus on building social infrastructure,” said Ashwin Mahesh, ABIDe member.

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp