This metro station serves mainly Lowry Memorial Educational Institutions, and also a few automotive companies such as Tata Motors, Hyundai, MG (Morris Garages), Renault and Honda Motors.

This is a prime location for its neighbouring areas like Krishnarajapura, Mahadevapura and Whitefield.

[2][3][4][5] In December 2019, the Bangalore Metro Rail Corporation Limited (BMRCL) invited bids for the construction of the Sarasvathi Nagar metro station, part of the 8.377 km Reach 2A – Package 2 (Kodibeesanahalli - Krishnarajapura) of the 18.236 km Blue Line of Namma Metro.

On 13 October 2020, Shankaranarayana Constructions (SNC) was chosen as the lowest bidder for this segment, with their proposal closely matching the initial cost estimates.

[6] As a result, the contract was awarded to the company, which led to the beginning of the construction works of this metro station as per the agreed terms.