Survey for Gurgaon-Manesar-Bawal metro rail project to take shape this September
After the success of Delhi Metro, a number of such metro projects have come up, (some even completed and running) making life easier for commuters. Similarly, a 108-km -long Gurgaon-Manesar-Bawal metro rail project is also expected to start in 2015 and take another four years for it to be completed. The corridor would witness 50 metro stations.
project would be jointly completed by the Delhi-Mumbai Industrial
Corridor Development Corporation (DMICDC) and Haryana
Transport Corporation (HMRTC). About 465 acres of land has been
identified and notified for the project," Chief Secretary S.C.
Choudhary, chairman of the HMRTC, reported Business
survey is expected to be conducted on the stretch by Japan
International Corporation Agency this September. A number of Japanese
companies were said to have been interested in the project as well.
The project is going to cost a whopping 27,441 crore.
is also reportedly said to provide a loan for 23,217.80 crore at 0.5
percent, which is considerably cheap. But, the remaining amount of
more than 4000 crores is going to be provided by (HMRTC) and
Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC).
piece of news would bring smiles across real estate dealers, as the
prices in the region are just going to shoot rapidly with such plan
in the pipeline with the number of industries and software companies
in the area.
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