Infrastructure Update
Bangalore-Chennai Expressway: How It Will Transform Malur Real Estate (2024 Update)
Posted by Admin
The ₹5,200 crore Bangalore-Chennai Expressway is set to become the biggest value driver for Malur plots, with NHAI confirming two access points within 5km of the KIADB industrial zone. This 2024 update reveals how the 262km expressway (scheduled for December 2026 completion) will:
- Reduce Chennai travel time from 5 hours to just 90 minutes
- Boost industrial demand in Malur by 40% (CRISIL estimate)
- Increase plot values by 25-40% along the corridor
Confirmed Access Points Near Malur
1. Exit 12 - Malur Industrial Node (4.8km from KIADB)
Location: Near Doddaganur Cross on NH75
Key Benefits:
• Direct access for 200+ KIADB industries including Toyota suppliers
• Will have truck parking bays and logistics hubs
• Plots within 2km radius: Current price ₹1,800-2,200/sqft (expected ₹2,500+ by 2026)
2. Exit 11 - Bangarpet Junction (7.2km from Malur Town)
Location: Connects to Malur via upgraded SH35
Key Benefits:
• Serves residential areas like Malur West
• Proposed commercial complex at junction
• Plots along SH35: Current ₹1,500-1,800/sqft (expected ₹2,100+ by 2026)
Construction Timeline (2024-2026)
| Phase | Section | Completion | Malur Impact |
|---|---|---|---|
| Phase 1 | Bangalore to Chikkaballapur | Dec 2024 | Land acquisition completes |
| Phase 2 | Chikkaballapur to Kolar | Mar 2025 | Malur overbridge work starts |
| Phase 3 | Kolar to Krishnagiri | Sep 2026 | Exit 12 operational |
| Phase 4 | Full corridor | Dec 2026 | Expressway fully open |
Price Trends Along Expressway Corridor
Pre-Expressway (2021): ₹900-1,200/sqft
Current (2024): ₹1,500-2,200/sqft (67% increase)
Projected (2026): ₹2,100-3,000/sqft (40% further growth)
Hotspots to Watch:
1. Doddaganur Cross (0-2km from Exit 12):
• Current: ₹2,000/sqft
• 2026 Projection: ₹2,800/sqft (+40%)
• Best For: Industrial plots
2. Malur-SH35 Corridor (3-5km radius):
• Current: ₹1,600/sqft
• 2026 Projection: ₹2,200/sqft (+37%)
• Best For: Residential plots
Industrial & Logistics Impact
The expressway will transform Malur into a logistics hub for:
- Chennai Port Access: 90-minute container transport vs 5 hours currently
- Toyota Supply Chain: Just-in-time parts delivery to Chennai plant
- Cold Storage Units: 4 proposed facilities near Exit 12
Smart Investment Strategies
1. Buy Before Heavy Construction Starts (2024):
• Prices expected to jump 15% when machinery arrives
• Limited plots available within 2km of exits
2. Focus on Approved Layouts:
• BMRDA-approved plots have 30% higher appreciation
• Avoid agricultural land needing conversion
3. Verify Land Records:
• Check NHAI acquisition notices at Tahsildar office
• Ensure no expressway alignment through property
Current Opportunities
Last Updated: July 2024
Available Plots Near Exit 12: 9 (1200-5000 sqft)
Price Range: ₹1,750-2,150/sqft
Special Offer: 5% discount for bookings before Aug 2024
Explore expressway-facing plots in Malur with clear titles and approved layouts.
Expert Insight
"The 2024-25 period is the sweet spot for investors - after land acquisition clarity but before major price surges during construction."
- Rahul Sharma, CRISIL Infrastructure Analyst