On Friday, PM Narendra Modi is going to give the gift of metro to Old Gurugram. A total of 27 metro stations will be built on the 28.5 kilometer long route. Also, after this, there is full expectation of a rise in property prices in this prime location of Gurgaon.
Old Gurugram metro: The face of Gurugram is going to change. Prime Minister Narendra Modi is going to lay the foundation stone of the metro project on February 16 in Old Gurugram, which has been waiting for the metro for a long time. Due to this, apart from the traffic problems, Gurugram is also going to get rid of the jam. Not only this, with the arrival of Metro there will be tremendous change in about 30 areas around it. Under this project, 27 stations will be built in the 28.50 km long metro route. The cost of the project will be Rs 5452 crore.
Let us tell you that a metro route will be constructed from Millennium City Center to Cyber City. This will not only make traveling in Gurugram easy and comfortable but will also start another story of progress in Gurugram, which is already among the top cities of the country. The government is planning to connect New Gurugram with Old Gurugram under this scheme. In the next phase of this scheme, a plan is being made to connect the metro route to the railway station and IGI airport.
The metro route will not only give a new impetus to the development but with the coming of metro in Old Gurugram, the expectations of the residents have also increased and the people who have taken houses in the under construction project here are also excited. On the other hand, real estate businessmen also hope that investment will increase with the arrival of Metro, which will accelerate development. There was a demand for running metro on this missing route for a long time. Now that the Metro is going to be started here and many big residential projects are also being constructed here, the Old Gurugram Metro route is going to open a new door of hope for all the builders, buyers and investors.
These will be the metro routes
27 metro stations will be built in Gurugram. Which includes Sector 45, Cyber Park, Sector 47, Subhash Chowk, Sector 48, Sector 72A, Hero Honda Chowk, Udyog Vihar Phase 6, Sector 10, Sector 37, Gaon Basai, Sector 9, Sector 7, Sector 4, Sector 5, Ashok. Vihar, Sector 3, Bajgheda Road, Palam Vihar Extension, Palam Vihar, Sector 23A, Sector 22, Udyog Vihar Phase 4, Udyog Vihar Phase 5 and Cyber City stations will be built. Not only these stations, but the area around them is also going to shine with the arrival of Metro. Not only this, due to better connectivity, there is going to be a boom in real estate in half a dozen areas around Dwarka Expressway.
Regarding the metro project, Ravi Aggarwal, Managing Director of Signature Global India Limited, says that metro operation in Old Gurugram will prove to be a turning point in the real estate sector. With the construction of this new metro route, people’s travel will not only become easier, but there will be a huge increase in the demand for property here. Due to increasing demand for property, prices of residential and commercial properties will increase rapidly.
Let us tell you that 27 metro stations will be built on the 28.5 km long metro route. In this second housing project of Ansal Group is also coming up. Regarding this, Group Director Kushagra Ansal says that wherever the metro route passes, it will cover prominent and commercial segments, this is expected to increase the property prices. Investors looking for development opportunities should closely monitor developments on this route as the metro promises to be a catalyst for appreciation.
Nayan Raheja of Raheja Developers says that Gurugram is ready to set up its own dedicated center like the successful model of DMRC and NMRC in Delhi and Noida. GMRC (Gurugram Metro Rail Corporation), which focuses exclusively on the city’s metro projects. The realty sector is very excited by this. MRG Group MD Rajat Goyal also believes that due to the huge demand for property, the prices of residential and commercial properties will increase rapidly.
