Hyderabad metro rail project expects 55% revenue from real estate

Q: Heard that Hyderabad expects 50-55 per cent of its revenues coming in from real estate and the rest from ridership in the initial years. Can anyone explain this news.

Subash, Hyderabad

26th February 2014

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Replies (3)

Guys heard that L&T Metro Rail a special purpose vehicle incorporated to executed as metro rail project in Hyderabad, and it expects 50-55 per cent of its revenues coming in from real estate and the rest from ridership in the initial years.

Javed,

26th February 2014

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As per news I heard that over Rs 15,000-crore project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development .The total TOD proposed was 18.5 million sft, the company would execute six million sft first and then consider taking up the remaining 12.5 million sft either utilising accrued rentals or on a project-by-project basis.

Pranab Malakar,

26th February 2014

Comment

All these developments are really gonna affect the real estate market as the price will hit the sky in Hyderabad.

Supratim,

26th February 2014

Even I was planning to do some investments here. Now I am thinking If I do here it would be fruitfull and due to these developments I can get good returns in future.

Vivek Kulkarni,

26th February 2014

Hey Subash, I heard taht over Rs 15,000-crore Hyderabad project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented developments has been happend.

Joydeep D,

26th February 2014

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