India, Dec. 17 -- With Bengaluru's metro red line linking Sarjapur to Hebbal getting the Karnataka cabinet approval, rentals in areas in and around southeastern Sarjapura and Hebbal in the northern part of the city are likely to increase by 10 to 30% over the next couple of years, said local brokers.

The state cabinet's nod allows the Bangalore Metro Rail Corporation Limited (BMRCL) to initiate pre-construction activities, including land acquisition, utility shifting, and design work. However, civil construction can commence only after receiving union cabinet approval.

The Karnataka cabinet approved Phase 3A of Namma Metro, also known as the Red Line, on December 7. This 36.59-km corridor will link Bengaluru's important IT corridors, Sa...