The Bangalore-Chennai Expressway is a significant project that aims to connect two major commercial and residential hubs in South India. Despite being in the planning phase for almost thirty years, the construction of this highway is now progressing rapidly and is expected to be completed by March 2024. In this article, we will provide you with essential information about the project, including its key facts, route map, and its potential impact on the real estate market.
As a component of the Bharatmala Pariyojana (BMP), the Bangalore-Chennai Expressway is a forthcoming development designed to significantly reduce travel time between the two cities. Spanning a length of 262 kilometers, the expressway aims to diminish the current 6-7 hour journey to a mere two hours. The project, with an estimated budget of Rs 18,000 crore, will commence from Hoskote near Bangalore and conclude at Sriperumbudur in Chennai. In January 2021, it was officially designated as the National Expressway (NE)-7, and it will be constructed as a four-lane expressway.
Furthermore, the implementation of this expressway is expected to offer a multitude of
benefits to the real estate market in the region. The improved connectivity and reduced travel time between Bangalore and Chennai are likely to attract more real estate investments along the route. Additionally, it will enhance accessibility to various residential and commercial areas, promoting economic growth and development. The project holds great potential for boosting the realty market and stimulating infrastructure-related activities in both cities.
|Rs 18,000 crore
|Sriperumbudur, Tamil Nadu
|Four (expandable to eight if required)
|National Highway Authority of India (NHAI)
|Land acquisition and financial bid evaluation
|Hybrid Annuity Model (HAM)
The upcoming Chennai Bangalore Expressway, connecting Bangalore to Chennai, is set to become the most direct route between the two cities. Currently, travelers have three alternate routes available: Hosur and Krishnagiri via the Golden Quadrilateral, Old Madras Road, and Kolar-KGF-V Kota and Vellore. Among these options, the Golden Quadrilateral spanning approximately 380 km is the most commonly chosen route. However, with the completion of the Bangalore-Chennai Expressway, the distance between these cities will be significantly reduced to lot of km, resulting in smoother and more efficient travel.
The expressway will go through the below-mentioned cities and States-
The Bangalore-Chennai Expressway project is set to transform the connectivity between these two major cities in South India. Currently, there are three routes available for travel between Bangalore and Chennai: Hosur and Krishnagiri, Old Madras Road, and Kolar-KGF-Venkatagirikota and Vellore. These routes are connected by NH-48 and NH-75. Among these options, the most popular route is the Hosur and Krishnagiri path, which is also known as the Golden Quadrilateral.
However, with the construction of the Bangalore-Chennai Expressway, commuters can expect improved travel experiences and reduced travel times between the two cities. The expressway will provide a more direct and efficient route, offering enhanced connectivity and convenience for both commercial and residential purposes. It is an eagerly anticipated project that is expected to have a significant impact on the real estate market and overall development in the region.
Spur routes, also known as branch-like roads, play a vital role in connecting various regions to a primary highway or expressway. In the case of the Bangalore-Chennai Expressway, there are four planned spur routes, out of which three have received approval. These spur routes will enhance connectivity and provide convenient access to specific areas along the expressway. Let's explore the details of these approved spur routes:
|14 km of the expressway to Dobbaspet (NH-4)
|0 km to NH-4 near Konadaspura, east of Bangalore
|50.91 km to Kolar Gold Fields
|190.01 km to the Katpadi
These spur routes are designed to complement the main expressway, creating a comprehensive network that improves accessibility and promotes regional development. The addition of these spurs will not only benefit commuters but also have a positive impact on the real estate market, tourism, and other industries in the areas they connect.
The development of spur routes within the Bangalore-Chennai Expressway project demonstrates a forward-thinking approach to infrastructure development, aiming to maximize connectivity and unlock the economic potential of the region.
The development of the Bangalore-Chennai Expressway has been carefully planned and executed in several phases, which are as follows:
Distance covered: 71 km
Distance covered: 85 km
Distance covered: 106.1 km
|DP Jain Infra
The upcoming Bangalore-Chennai Expressway is owned by the National Highway Authority of India. The project carries an estimated cost of Rs 18,000 crore, with approximately Rs 5,700 crore allocated specifically for the construction of the expressway. The remaining funds will be utilized for land acquisition, project administration, and implementing toll gate mechanisms.
Once completed, the expressway is expected to significantly reduce travel time between Chennai and Bangalore. Currently, the journey between the two cities takes approximately 5 hours. However, upon the expressway's inauguration, this travel time is projected to be reduced to just two and a half hours, effectively halving the current duration.
The Bangalore-Chennai Expressway is currently under construction, and the toll charges for the completed expressway have not yet been finalized. However, here are the proposed toll rates based on vehicle types:
|Charge per km
|Large goods vehicle and mini bus
|Buses and trucks
The Bangalore-Chennai Expressway holds significance as a key component of the Gati Shakti scheme, a flagship program initiated by the central government. This expressway is planned to be constructed in three phases and divided into ten packages. The design of the expressway focuses on creating an access-controlled, greenfield, signal-free, and elevated road system. The target for its operational readiness is set for March 2024.
|P Chidambaram announced the expressway for the first time in Union Budget Speech
|Announcement of land acquisition commencement
|60 percent of land acquisition was complete
|Construction work started
|Land acquisition of 2,560 hectares, and tenders for 3 packages were invited
|Letter of agreement received by Dilip Buildcon
|The expressway to become operational
The Bangalore-Chennai Expressway is a significant infrastructure project that aims to connect the thriving real estate markets of Bangalore and Chennai in South India. Bangalore, known as an IT hub, attracts professionals from all over the country, while Chennai has plans to develop the Chennai-Bengaluru Industrial Corridor (CBIC) as a manufacturing hub, attracting major automobile giants like Bajaj, Nissan, and Mahindra to establish their plants along the route.
The existing routes between Bangalore and Chennai already witness a significant volume of traffic, with over 9,500 Passenger Car Units (PCU) estimated to travel on them. With planned developments in micro-markets such as Ranipet, Chittoor, and Kanchipuram, among others, the traffic movement is expected to increase manifold. Consequently, the areas along the Bangalore-Chennai expressway hold immense industrial and commercial potential.
As is customary with such developments, residential areas tend to emerge in proximity to commercial units, leading the developer community to be optimistic about the prospects of the real estate market. Ashish R Puravankara, the Managing Director of Puravankara Ltd, expresses his belief in the expressway's impact, stating, "The upcoming Bangalore-Chennai Expressway will open up real estate opportunities alongside the corridor and give rise to both commercial and residential activities."
Currently, property prices in the areas neighboring the expressway, such as Hoskote and Tambaram, are relatively affordable, with prices ranging from Rs 3,700 to 5,000 per square foot. However, it is expected that these prices will experience a steep increase once the project is completed. Over the past five years, these prices have already witnessed a growth of over five percent.
The Bangalore-Chennai Expressway, which is part of the 26 new green expressways announced by the Central Government, will not only enhance connectivity but also act as a catalyst for industrial and residential growth in the surrounding areas.
The Bangalore-Chennai Expressway's second phase has obtained approval from the wildlife board, ensuring that the designated area will be solely utilized for the construction of the expressway and not for commercial purposes. The diversion work will be supervised by the Forest Department.
As one of the largest ongoing infrastructure projects in South India, the Bangalore-Chennai Expressway will span 262 kilometers as a four-lane highway, serving as a high-speed corridor that traverses three states. Once completed, the expressway is anticipated to significantly reduce travel time between the two capital cities, bringing it down to approximately 2.5 hours.
When it comes to making informed decisions about real estate investments along the Bangalore-Chennai Expressway, partnering with a trusted and experienced real estate firm can be immensely beneficial. Wisdom Properties is a leading name in the industry, known for its expertise, reliability, and customer-centric approach. Here's how Wisdom Properties can assist you in making the most of the opportunities presented by the expressway:
By choosing Wisdom Properties as your partner, you gain access to their expertise, market knowledge, and comprehensive support throughout your real estate journey along the Bangalore-Chennai Expressway. With their guidance, you can navigate the opportunities presented by the expressway with confidence, maximizing your potential for success.
Q. What is the status of the Chennai-Bangalore Expressway?
The Bangalore-Chennai Expressway project is currently in the process of land acquisition and financial bid evaluation.
Q. How many expressways are there in India?
As of November 2021, a total of 18 expressways are operational in the country
Q: What is the length of the Bangalore-Chennai Expressway?
The Bangalore-Chennai Expressway is around 262 km long.
Q. Which project model is deployed for the expressway?
The construction of the Bangalore-Chennai Expressway is being carried out under the Hybrid Annuity Model (HAM), which ensures a balanced financial structure for the project. Adequate land has been acquired to facilitate the smooth progress of construction activities. Upon completion, the expressway will be operational with toll charges in place.
Q. What is a Greenfield expressway?
A Greenfield expressway traverses through sparsely populated regions, resulting in reduced land acquisition expenses and enhanced accessibility to remote areas within a city. This infrastructure development brings several benefits, including improved connectivity and transportation options to previously inaccessible regions. Furthermore, the project facilitates the expansion and growth of urban areas by providing easier access to previously isolated pockets. By minimizing the need for displacing existing settlements, the Greenfield Expressway project optimizes costs while simultaneously enhancing connectivity within the city.
Q. What is the Bangalore-Chennai Expressway route?
The route of Bangalore-Chennai Expressway starts from Hoskote, Malur, V Kota, Palamaner, Gudiyatham, Arakkonam, to Sriperumbudur..