IISc Report Flags Bengaluru Metro Phase 3 Double-Decker Road as Economically Unviable

A technical report by Professor Ashish Verma of the Indian Institute of Science (IISc) has raised concerns over the economic viability of Bengaluru Metro's Phase 3 project. The report estimates the Economic Internal Rate of Return (EIRR) at just 9.07 per cent when the double-decker road component is factored in. This figure falls significantly short of the accepted benchmark of 14 per cent required for such infrastructure projects. The findings suggest that the inclusion of the double-decker road element weakens the overall financial case for the Phase 3 plan.