Adding to Bangalore’s reputation as an entrepreneurial destination, Bangalore Metro is now inviting startups to establish their offices in five metro stations. The five metro stations where the office spaces will be provided are, Byappanahalli, Swamy Vivekananda Road, Indiranagar, Halasuru, and Trinity metro stations.
In order to make it easier for emerging startups BMRCL is also relaxing certain criteria and rules. Startups can bid for 31 office spaces of 100 sqft to 4,000 sqft at the Byappanahalli, Swamy Viveknanda Road, Indiranagar, Halasuru and Trinity metro stations.The rents range from Rs 35 per sqft to Rs 120 per sqft depending on the station, said UA Vasanth Rao, General Manager, Finance, BMRCL.
Offices within Metro premises are relatively cheaper than those in upscale commercial areas.
Commenting on the latest move by BMRCL, Managing Director Pradeep Singh said “We have carved our spaces required for startups and e-commerce companies.”
The tender document for selection of licensees of retail outlets will be available on BMRCL’s website from July 4 to July 26. The bid document can be purchased until July 26.
The bids have to be submitted on August 11.
Source: Economic Times
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