UNNATI WORLD, OUR FLAGSHIP PROJECT AT SECTOR 144 WILL BENEFIT MOST FROM NEW METRO LINE – ANIL MITHAS
WITH APPROVAL OF TWO NEW METRO ROUTES AND TWO MORE IN PIPELINE ACHCHE DIN FINALLY ARRIVE FOR NOIDA RESIDENTS
Absence of public transport system and proper connectivity has been a major problem facing general public in Noida and Greater Noida. Present means of transport like cycle rickshaws and Vikrams are both unsafe as well as costly. It is now hurting local companies also in terms of manpower availability as they find it hard to get enough workers at lower level due to high commuting and transportation cost.
Sunil Kumar, a smart Marketing Executive in his twenties who lives in North Delhi says, “I had to leave a job in Noida because commuting expenses were eating away my three fourth salaries, I was hardly left with any money to make my both ends meet. Aadesh Malhtora also has somewhat similar story to tell. He says, “I joined a company in Sector – 18, Noida but after some time its office shifted to Greater Noida. Since I didn’t have any personal vehicle and public transport was too costly and insufficient, I found it better to bid adieu.” There are large numbers of such cases. Paucity of public transportation has gradually created a perception that Noida is good for only those who have personal vehicles.
With Uttar Pradesh government clearing Metro to Greater Noida, not only residents of Noida and Greater Noida but Delhi and entire NCR are feeling elated. Besides solving manpower problem to a great extent, this is expected to infuse new blood also in the real estate business in the twin cities of Noida and Greater Noida.
The new route, a 29.7 km line from Noida City Centre (Sector 32) to Greater Noida is estimated to cost around ₹ 6,000 crore. The Metro link between Noida and Greater Noida was first proposed in 2010 and received a go-ahead from the Ministry of Urban Development in April 2014. The Ministry had also cleared DMRC's appointment as a consultant for the project on a turnkey basis.
As per Noida authorities a special purpose vehicle called Noida Metro Rail Corporation (NMRC) will be set up to enter into a memorandum of association and article of association with the company. As per sources the authorities of Noida and Greater Noida have already started work on raising funds for the project. The authorities will raise 50% of the total project cost and the remaining 50% is expected to come from the central government. The Noida authority has 70% stake in the project while the Greater Noida authority's stake is 30% in the NMRC. The state government has set a December 2017 deadline for this project. As per an estimate of DMRC and concerned authorities nearly 65,000 passengers are expected to use this Metro line every day.
The Noida-Greater Noida Metro track will have 22 stations, of which 13 will be constructed on ground while seven will be elevated. Two stations at Knowledge Park-I and Sector Delta-1 in Greater Noida are planned for future expansion.
Starting from Noida City Centre in Sector 32, the proposed Metro corridor will head towards Greater Noida via stations in sectors 50, 51, 78, 101, 81, Dadri Road, 83, 85, 137, 142, 143, 144, 147, 153 and sector 149 in Noida. It will enter Greater Noida through Knowledge Park-II and traverse Pari Chowk, Sector-Alpha 1 and 2, before terminating at Depot Station proposed near Knowledge Park-IV in Greater Noida. The entire Metro alignment is proposed to be elevated.
Once work on the Metro line commences, property prices are expected to double or triple in the areas adjacent to Noida and Greater Noida Expressway like Sectors 137, 142, 144, 145, 147, 149, 150, etc.
The Noida – Greater Noida Metro link via Expressway is being viewed as a major boost to the real estate development in areas close to Expressway. Though these areas are well connected presently also with Expressway but Metro will certainly provide more point to point penetrated connectivity. It will surely encourage home buyers and businessmen alike to invest in this area. Experts believe that besides reducing travel time to national capital Delhi, this will surely make this region more attractive for middle class buyers for whom the cost of commutation and time matter most.
It seems that ACHCHE DIN have finally arrived for the residents of Noida as besides approving Noida - Greater Noida line the government has also approved a second line from City Centre (Sector – 32) to Sector – 62. The total length of this line will be 6.675 km. It will have six (all elevated) stations and its cost will be around ₹ 1,800 crore.
The Uttar Pradesh government is planning two other Metro lines. One 7 km line from Sector 71 to Greater Noida West and another 3.962 km line from Botanical Garden to Kalindi Kunj. This line is expected to cost ₹ 845 crore.
Mr. Anil Mithas, CMD, Unnati Fortune Group says that UNNATI WORLD, our flagship project at Sector – 144 will get a major boost from the new Noida – Greater Noida Metro line. He says that though Metro projects will help twin cities of Noida and Greater Noida to a great extent but they both have to go a long way in terms of providing safe, cost effective, point to point penetrated public transport system. He expressed hope that Uttar Pradesh and Union government will soon take steps in this direction.
He says that some news items had appeared in the local newspapers stating that Uttar Pradesh government is pushing for approvals of some other pending Metro route extensions like the 66 km route between Greater Noida and Indira Gandhi International airport and the 20.6 km Metro rail route between Greater Noida and Yamuna Expressway. He says that these two projects are crucial for the total integration of Noida and Greater Noida in NCR and hoped that the government will approve them soon.
For more information Visit Us : http://www.unnatifortune.com/
WITH APPROVAL OF TWO NEW METRO ROUTES AND TWO MORE IN PIPELINE ACHCHE DIN FINALLY ARRIVE FOR NOIDA RESIDENTS
Absence of public transport system and proper connectivity has been a major problem facing general public in Noida and Greater Noida. Present means of transport like cycle rickshaws and Vikrams are both unsafe as well as costly. It is now hurting local companies also in terms of manpower availability as they find it hard to get enough workers at lower level due to high commuting and transportation cost.
Sunil Kumar, a smart Marketing Executive in his twenties who lives in North Delhi says, “I had to leave a job in Noida because commuting expenses were eating away my three fourth salaries, I was hardly left with any money to make my both ends meet. Aadesh Malhtora also has somewhat similar story to tell. He says, “I joined a company in Sector – 18, Noida but after some time its office shifted to Greater Noida. Since I didn’t have any personal vehicle and public transport was too costly and insufficient, I found it better to bid adieu.” There are large numbers of such cases. Paucity of public transportation has gradually created a perception that Noida is good for only those who have personal vehicles.
With Uttar Pradesh government clearing Metro to Greater Noida, not only residents of Noida and Greater Noida but Delhi and entire NCR are feeling elated. Besides solving manpower problem to a great extent, this is expected to infuse new blood also in the real estate business in the twin cities of Noida and Greater Noida.
The new route, a 29.7 km line from Noida City Centre (Sector 32) to Greater Noida is estimated to cost around ₹ 6,000 crore. The Metro link between Noida and Greater Noida was first proposed in 2010 and received a go-ahead from the Ministry of Urban Development in April 2014. The Ministry had also cleared DMRC's appointment as a consultant for the project on a turnkey basis.
As per Noida authorities a special purpose vehicle called Noida Metro Rail Corporation (NMRC) will be set up to enter into a memorandum of association and article of association with the company. As per sources the authorities of Noida and Greater Noida have already started work on raising funds for the project. The authorities will raise 50% of the total project cost and the remaining 50% is expected to come from the central government. The Noida authority has 70% stake in the project while the Greater Noida authority's stake is 30% in the NMRC. The state government has set a December 2017 deadline for this project. As per an estimate of DMRC and concerned authorities nearly 65,000 passengers are expected to use this Metro line every day.
The Noida-Greater Noida Metro track will have 22 stations, of which 13 will be constructed on ground while seven will be elevated. Two stations at Knowledge Park-I and Sector Delta-1 in Greater Noida are planned for future expansion.
Starting from Noida City Centre in Sector 32, the proposed Metro corridor will head towards Greater Noida via stations in sectors 50, 51, 78, 101, 81, Dadri Road, 83, 85, 137, 142, 143, 144, 147, 153 and sector 149 in Noida. It will enter Greater Noida through Knowledge Park-II and traverse Pari Chowk, Sector-Alpha 1 and 2, before terminating at Depot Station proposed near Knowledge Park-IV in Greater Noida. The entire Metro alignment is proposed to be elevated.
Once work on the Metro line commences, property prices are expected to double or triple in the areas adjacent to Noida and Greater Noida Expressway like Sectors 137, 142, 144, 145, 147, 149, 150, etc.
The Noida – Greater Noida Metro link via Expressway is being viewed as a major boost to the real estate development in areas close to Expressway. Though these areas are well connected presently also with Expressway but Metro will certainly provide more point to point penetrated connectivity. It will surely encourage home buyers and businessmen alike to invest in this area. Experts believe that besides reducing travel time to national capital Delhi, this will surely make this region more attractive for middle class buyers for whom the cost of commutation and time matter most.
It seems that ACHCHE DIN have finally arrived for the residents of Noida as besides approving Noida - Greater Noida line the government has also approved a second line from City Centre (Sector – 32) to Sector – 62. The total length of this line will be 6.675 km. It will have six (all elevated) stations and its cost will be around ₹ 1,800 crore.
The Uttar Pradesh government is planning two other Metro lines. One 7 km line from Sector 71 to Greater Noida West and another 3.962 km line from Botanical Garden to Kalindi Kunj. This line is expected to cost ₹ 845 crore.
Mr. Anil Mithas, CMD, Unnati Fortune Group says that UNNATI WORLD, our flagship project at Sector – 144 will get a major boost from the new Noida – Greater Noida Metro line. He says that though Metro projects will help twin cities of Noida and Greater Noida to a great extent but they both have to go a long way in terms of providing safe, cost effective, point to point penetrated public transport system. He expressed hope that Uttar Pradesh and Union government will soon take steps in this direction.
He says that some news items had appeared in the local newspapers stating that Uttar Pradesh government is pushing for approvals of some other pending Metro route extensions like the 66 km route between Greater Noida and Indira Gandhi International airport and the 20.6 km Metro rail route between Greater Noida and Yamuna Expressway. He says that these two projects are crucial for the total integration of Noida and Greater Noida in NCR and hoped that the government will approve them soon.
For more information Visit Us : http://www.unnatifortune.com/