There should be no doubt in anybody’s mind that Gurugram area economy is the states economy, for which the government is sparing no efforts when it comes to developing and expanding infrastructure and other public facilities to meet the increasing demands of the city. Transport Road and Rail Transport are the essentials for the town that cannot be overlooked. Gurugram has to be on top of the sate’s priority concerning this, having an inter-state bus terminal (ISBT) that was schemed along time ago for the city that is going to be set up in Sector 36A along the Dwarka Expressway.
The Proposed ISBT and its Intended Role
This bus terminal that has been proposed is likely to be the bus terminus for the rising number of bus passengers in the area and the project would not seem only to enhance the inter-state travel but cause encouraging trends in the new sectors in gurugram. The Conceptualized ISBT is expected to remain huge considerable asset in shaping the areas, and its benefits include the economic , social and environmental.
Economic Boost for Local Enterprises
The proposed integrated terminal of the ISBT will be the economic boost, as it’s anticipated that local businesses will witness increased customer traffic. Retail, catering, and accommodation services will also no doubt thrive as local and international tourists move through the terminal. This surge of people is bound to ensure an active economic landscape with plenty of job creation and economic progress.
Prime Location Maximizing Integration
The place of the ISBT in Sector 36A is very strategic as it’s well connected from CPR, NPR, SPR and NH 48. This geographical advantage will improve connectivity not only in the Dwarka Expressway region, but also with the neighboring regions of Pataudi, Farukh Nagar, Dharuhera, Sidhrawaali, among others. The bus terminal will also provide an interface between the states to ease the movement of commuters and goods. Improved connectivity will not only shorten distance in travel but will also improve the effectiveness of transport networks which are predominantly used by businesses in the logistics and distribution sector.
Catalyst for Urban Development and Real Estate Development in the Region
Also, the proposed bus terminal is expected to be of utmost importance with regards to facilitating urban dorp development in the area, thereby leading to an improvement in demand for both residential and commercial spaces in the area. Thus, the real estate market values in the region would also be vibrant and undergo a positive boom. The improvement in connections and expansion of relevant infrastructure are appealing to real estate investors, making Sector 36A a potential urban center and a Dream Location for many.
Sync with the Global City Project of HSIIDC
The site of the proposed bus terminal is a close position to the site where HSIIDC is likely to undertake its Global City project over a further 1000 acres. The established real estate developer of the city, Signature Global, states that both Global City and ISBT would improve the economy and the employment opportunities in the region as well as improving the real estate development in the area.
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