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Greater Noida will stand to benefit much through metro rail network
Greater Noida is yet to be connected with Noida and Delhi and other NCR regions by metro rail network. On paper, there exists plans for doing this. Based on earlier reports, it says Yamuna Expressway Industrial Development Authority has approved the metro rail project between the proposed metro station at Pari Chowk till sectors 18 and 20, the first residential sectors of the authority being developed where over 21,000 allotments have been done.

Other highlights on this plan are as follows:

-Detail Project Report (DPR)will be prepared by Delhi Metro Rail Corporation (DMRC) mentioning the cost of the project, passenger volume projections and project viability.

-Spokesperson has gone on record saying, "On getting the DPR, the project will be implemented on priority as we want project implementation before allottees construct houses and start living here.  Metro alignment would be parallel to Yamuna expressway".

-The total rail route length would be around 21 kilometer from zero point of Yamuna Expressway on Noida Greater Noida Expressway.

-Around six kilometer route will be in Greater Noida city area and the rest in Yamuna Expressway city area.

- Noida Board has earmarked Rs.1500 crore for the period 2014-15 for metro project between Botanical Garden and Kalindi Kunj.  Greater Noida Industrial Development Authority board has approved the DPR and MoU of proposed Metro rail project connecting Noida and Greater Noida.  The Board has approved Rs.300 crores for metro project to be spent in 2014-15.

Research shows that family residences located near commuter rail stations do command a premium over homes located elsewhere.  Increased land values also generate more property tax revenue to fund public services and local budgets.

Let's hope the project begins soon and ends up in timely completion to give a boost to trade and commerce and other ancillary services for all those living and planning to reside in Greater Noida. Certainly, Greater Noida would stand to gain through a Metro Rail connectivity.

Editorial NOTE: This article is categorized under Opinion Section. The views expressed in this article are solely those of the author and do not necessarily represent the views of merinews.com. In case you have a opposing view, please click here to share the same in the comments section.
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