Namma Metro-Mitra: Family Donates Property Worth Rs 3 Crore To BMRCL For R.V. Road-Bommanhali Stretch
Namma Metro-Mitra: Family Donates Property Worth Rs 3 Crore To BMRCL For R.V. Road-Bommanhali Stretch84-year-old A Muni Reddy and his four sons have performed a laudable gesture for Namma Bengaluru. (Photo by Jagdeesh MV/Hindustan Times via Getty Images)

In a generous gesture, a family in Bangalore has donated a prime property on Hosur Main Road towards one of the metro lines of the Bangalore Metro Rail Corporation Limited (BMRCL), reports the New Indian Express.

84-year-old A Muni Reddy and his family donated a prime land of nearly 268 square meters worth Rs three crores in Bommanahalli over to BMRCL for the 18.8 km R.V. road-Bommanahalli stretch.

MS Channappa Goudar, General Manager, Land Acquisitions Cell, informed that the land has been transferred to BMRCL.

“It was a real surprise when the family handed over the land, and the family members did not want any compensation. This kind of support helps us reduce a little of our project cost,” he added. He expressed hope that other big establishments would emulate the kind gesture.

Phase two of the project which earlier cost Rs 26,405 crore, now increased to Rs 32,000 crore, largely due to high land acquisition costs.

The donation comes at a time when landowners are taking the BMRCL to court in-demand for higher compensation of their properties, and few owners are taking the litigation route, so they do not part from their properties.

The property is located near another of the family’s property, AMR Tech Park, which houses 15 high-end offices and IT firms, employing around 10,000 staff. The property owned by Muni Reddy was passed to his sons- Ramesh, Babu Reddy, Nagabhushan and Lokesh.

Oldest Son, R Prashanth, speaking on behalf of the family said that it was his grandfather’s suggestion to donate the land as their contribution towards the city’s development and the rest unanimously agreed.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber