Metro to boost Noida Greater Noida realty development


2014-07-28 03:09:36

The Noida and Greater Noida authorities have recently approved the much-awaited proposal for extension of the Metro line to Greater Noida. This project will accord fast connectivity between Noida and Greater Noida, and connect these places to Delhi and Gurgaon on this rapid access corridor.

The proposed Metro line is to be funded by both the authorities and will be built by the Delhi Metro Rail Corporation (DMRC). The proposed Metro line will have 22 stations connecting some of the busiest spots across Noida and Greater Noida. The detailed project report (DPR) for the line has been prepared by the DMRC. The project, estimated to cost around Rs 5,000 crore, will commence soon and is expected to be complete by 2016. The Noida authority will pitch in with the funds; earlier the authorities had mooted a public-private partnership model to raise funds.

The Metro line will run along the expressway, from City Center, Sector 32 and end at Bodaki, Greater Noida. The proposed stations on the route will be located at Sector 51, Sector 50, Sector 78, Sector 101, Sector 81, Dadri Road, Sector 83, Sector 137, Sector 143, Sector 147, Sector 144, Sector 153, Sector 149 , Noida and Knowledge Park 2, Pari Chowk, Alpha 1, Alpha 2, Delta, Knowledge Park 4 and Bodaki, Greater Noida.

According to the DMRC and the authority's estimates, nearly 65,000 passengers are expected to use this new Metro line every day. The Noida-Greater Noida authorities also gave their nod to extend the City Center Metro line by 6.67km to Sector 62, touching NH-24.

The DPR for this much-delayed project has been forwarded to the state government now. In addition, the Noida-Greater authorities have also decided to go ahead with the civil work on the Metro link between Noida and Greater Noida West (Noida Extension), which was proposed early last year. The DPR for the project, too, will be prepared by the DMRC.

Real Estate Noida
footer Line