Ghaziabad- Dilshad Garden metro route to start from January 2019; Real estate to get big boost

Ghaziabad News

In order to lessen the travelling time between Delhi-Ghaziabad, the much-awaited Dilshad Garden-Ghaziabad metro line will be open for public use by January 2019. The trial run on the 9.41km stretch has already been completed. Both the Ghaziabad Development Authority (GDA) and Delhi Metro Rail Corporation (DMRC) are fast-tracking the final work on the route.

In 2014, the DMRC and GDA have planned to extend the metro route to ease traffic woes of daily commuters. The 9.41 km elevated router will cover eight stations – Shahid Nagar, Raj Bagh, Rajendra Nagar, Shyam Park, Mohan Nagar, Arthala, Hindon and New Bus Adda. Almost 90% of the work has already been completed on all the metro stations.

The estimated cost of the complete project is nearly Rs 2,210 crore with about Rs 1,479.6 crore shared between various state agencies. The funding pattern has already been approved by the Uttar Pradesh Government. According to this pattern, the share allocation for the various agencies are Rs 695.8 crore for the GDA, Rs 246.35 crore for the GMC, Rs 440.45 crore for the UP Awas Vikas Parishad and Rs 97 crore for the UPSIDC.

Apart from the metro line, three other flyovers will be constructed in Vasundhara, Hapur Chungi and Rajnagar Extension to ease traffic on the busy stretches and curtail travel time.

Boon to Real Estate Sector 

The proposed metro route will not only enable faster travel between Ghaziabad and Delhi but also add feathers to the realty market of the connecting regions of Ghaziabad. The residential and commercial properties around the Metro stations especially the newly launched one will receive a big boost once the metro line will start its operations. Residential projects like Gulmohar Greens, Saviour Park, M.R. Proview Shalimar City are already serving much of the population, while the demand for new project has already increased after the announcement of the stretch.