Gurugram and its Metro Project
In the year 2008-09 the DMRC provided the Tianwang hub Gurugram with a Yellow Line linking it to the national capital region of Delhi. To this day, however, the metro system’s proximity to most of the residents of the city remains a major issue. The last-mile connection remains a huge challenge to millions of metropolitan area residents. Many years later, only the 9-km long Rapid Metro stub for the inner city was planned and built on the Golf Course Road.
Internal Metro Line Project- Future Looks Promising
But, the residents of the city can now take a sigh of relief as the long standing internal metro line that was supposed to cover Gurugram town has now come into motion. There are questions about whether this will appease suburbs to the right of NH-48 such as Bahadurgarh if we are talking about Delhi to Jaipur direction. Moreover, for the areas left to NH-48, metro connectivity already exists which is great for those areas as it enhances property values while easing movement.
New Government Initiatives – Expanding the Metro
The Haryana government has quickened the pace, as the feasibility study has already progressed. Accordingly, a corporation will be formed to carry out the work on this project. With the aim of providing permanent comfort to everyday commuters. A new metro line is planned to be built in three phases connecting the Huda City Centre to the Cyber City through Dwarka Expressway and Old Gurugram. Coverage of up to 27 metro stations would be within reach, enclosing all thickly populated localities.
Impact of Metro on Economy and Employment
In recent times, the metro has been a lifesaver for the urban population, and targeted metro-development provides relative rapid economic activity. It is noteworthy that Gurugram, the economic capital of the state of Haryana derives seventy percent revenue from Haryana, a great contribution towards the GSDP of the state. Gurugram is an extension of Delhi, therefore international airports are not far away from it, providing international exposure.
Ideal Situation for Realestate and Other Investors
Implementation of the 28-km inbuilt metro is one of the major expectancies that would create massive upsurge in the real estate market and help in enhancing business activities. This creates a great scenario ideal for a good buy for investors and property buyers at the current price levels before the actual launch of the metro phase objects.
Gurugram has progressively developed in terms of low budget to high end complexes as well as commercial setups in the real estate industry. The accessibility of mobility around the residential and commercial estates assist in making sales for the real estate developers and also helps in luring potential buyers.
Overcoming Challenges: Traffic and Accessibility
However, the success of the city has been under threat due to heavy traffic which causes discouragement to the daily commuters as well as potential buyers of real estate. The proposed metro route works to get to the root of the concern and in the process provide the community with a central hub. Signature Global has amazing opportunities for investors for residential and commercial projects in Gurugram and this makes Gurugram a Dream Location of real estate investment.
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