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Violet line of Delhi Metro to boost the real estate market of Ballabhgarh

The Violet Metro Line of the Delhi is set for the development of the growing industrial hub of Ballabhgarh in Faridabad. The 3.2-km elevated corridor will have two stations and is expected to meet the extended deadline which is June 2018. Earlier the launch was planned in December 2017.

This corridor will extend from the 13.8-km Badarpur – Escorts Mujesar stretch which was opened to the public in September 2015. The other end of the line stretches up to ITO in Delhi and there are plans to connect it to Kashmere Gate on the red line.

The development will significantly benefit travelers going towards Ballabhgarh as the destination is a noticeable business hub which houses several educational institutions and industries. It will also increase employment opportunities.

Recently Ballabhgarh was renamed as Balramgarh. Chief Minister of Haryana, Manohar Lal Khattar had publicized many developmental projects for the area declaring it as a developmental zone.

The cost of the metro project from YMCA Chowk to Ballabhgarh is Rs 580 crore with around Rs 95 crore provided by the central government.

YMCA Chowk-Ballabhgarh metro project is one of the two-line extension projects worth Rs 1,090 crore sanctioned by the Public Investment Board (PIB) of the Ministry of Finance. The other is an underground corridor from Najafgarh to Dhansa Border. The metro trains on the Badarpur-Faridabad runs on solar power which is a prominent feature of the project.

The project began in 2015 but there was a delay caused due to legal disputes over land required for construction of pillars for crossover track near the main Ballabhgarh station as well as removal or shifting of water and sewer pipelines.

Connectivity and infrastructure in Ballabhgarh

Ballabhgarh is linked to the emerging NCR hub of Sohna near Gurgaon via the 35-km long Ballabhgarh-Sohna (BS) road. The nearest railway stations are Ballabhgarh railway station and Faridabad NW TN railway station.

The area houses reputed educational institutes like Comprehensive Rural Health Services Project (rural field practice area of AIIMS) or called Civil Hospital and Cement Research Institute of India. Besides, the YMCA University of Science and Technology is less than five kilometers from the locality. Reputed companies like IBM and Cognizant also have their offices nearby.

Healthcare center, primary schools, and retail shops are available in the surrounding areas. The government had announced to grant Rs 10 crore for the rebuilding of dilapidated bypass of Faridabad and restoring of tube wells in the area.

Real estate in Ballabhgarh

Settled on the National Highway-2 about 30 kilometers from Delhi, Ballabhgarh is more of a commercial hub and residential growth is not as noticeable as in the neighboring areas of Sector 56, Sector 76 to Sector 88 in Faridabad.

These neighborhoods are active residential colonies with plenty availability of affordable homes. There are many such upcoming residential properties in the vicinity launched by local developers. The average capital value of residential properties in Ballabhgarh is Rs 2,800 per sqft. The cost of 2BHK apartments starts at less than Rs 20 lakh for an average size of 850 sqft.

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