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Impact of the Metro on Flats in Bangalore
Impact of the Metro on Flats in Bangalore

As Bangalore evolves and becoming more cosmopolitan and better integrated globally, its residents too are demanding better amenities and infrastructure within the city. A decade ago common complaint among residents of the city was the poor infrastructure in Bangalore. Apartment in Bangalore was a nightmare and led to a large number of unproductive hours wasted on the streets and highways of Bangalore. Gradually the city decided to take action leading to the construction of the recently operational metro line in the city.

Just as the metro line has drastically changed how commuters travel to and fro in other cities in the country, so has the metro in Bangalore changed the lives of its residents. I would like to argue that having an operational metro in any large urban center is no longer something to be proud of but rather a practical necessity. The days when the construction of a new metro line would  lead to excitement are long gone, today’s practical residents of large Indian cities no longer see the emergence of such new developments as an indication of new found wealth or perhaps even of great progress.

Today having such a large and convenient transport system is seen as necessary rather than a luxury. After all no one person owns the metro, it is not public property rather it belongs to whoever happens to be riding on it at any given time. Of course there may be private companies which have a stake in a publically used metro but even these are large publically traded companies which may not necessarily have one person who is the outright owner.

The metro in Bangalore however does have certain covert advantages for citizens of Bangalore aside from an easy commute. The metro line leads to an appreciation in the price of property in Bangalore at whichever neighborhood the line passes through or has a station on. This may over time lead to the price of property in Bangalore to appreciate considerably as has been seen in other cities and as is deliberately planned in a few others. Our cities have grown far too large and traffic far too chaotic and undisciplined to allow for an easy commute to and fro our workplaces. Many Indian cities would benefit greatly by having a mass transport system and the wealth multiplier effect of such a transport system in other cities would have far reaching implications for generating wealth in the country.

Flats in Bangalore that fall on the metro line may have already appreciated significantly and those which fall on the next planned phases are expected to as well. Traveling via a metro is not only efficient but also comfortable and often fun; the same cannot be said of traveling by road in your car which is often something people often cringe at the thought of. Plus when traveling by metro there is no need to look for a place to park your car which too can be agonizing at times.   

A country with a billion plus citizens requires a large, affordable and efficient mass transport system; it is unrealistic to assume that one day all citizens would travel in their own vehicles. Such thinking would lead to environmental catastrophe in a country where many of the largest cities are already among the most polluted in the world.