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Metro

Hyderabad Real Estate: An Update

Hyderabad Real Estate: An Update
Overview: Hyderabad’s realty market which had been witnessing a prolonged slump is in a gradual phase of recovery. Ready-to-move inventory is finding takers and an improved off-take in residential stock was observed during the financial year of 2012. The IT/ITES corridor in the western and north-western regions of the city have been showing signs of [...] Continue Reading »

Hyderabad metro: A boon for real estate

Hyderabad metro: A boon for real estate
Hyderabad- The Hyderabad metro rail project has got a final approval for viability gap funding (VGF) of Rs 1,458 crore from the empowered committee of the finance ministry. This amount is 12.35 percent of the estimated total project cost. It has been provided by the state under VGF scheme for the development of the metro [...] Continue Reading »

Navi Mumbai metro project sees the light

Navi Mumbai metro project sees the light
Finally, the metro plan of Navi Mumbai sees the light of the day! City and Industrial Development Corporation (Cidco) is likely to start the bidding process soon for the project. The awarding of bids would include for rolling stock and systems for Navi Mumbai’s first metro rail corridor – Belapur–Kharghar–Taloja–Pendhar. A meeting was held recently [...] Continue Reading »

Metro connectivity likely to be expanded to Sonipat, Gr Noida

Metro connectivity likely to be expanded to Sonipat, Gr Noida
New Delhi: Delhi Metro network is likely to connect Sonepat and Greater Noida as a parliamentary panel has directed the Urban Development (UD) ministry to work towards it. The Urban Development ministry should discuss with Delhi Metro Rail Corporation (DMRC), Delhi and Haryana in this regard, suggested a report submitted by the Standing Committee on [...] Continue Reading »

Patna to get metro or monorail project by 2015

Patna to get metro or monorail project by 2015
Patna: The urban development and housing board department of Bihar has planned to launch Patna metro or monorail system by 2015. This would put an end to the traffic congestion issues in the city. State urban development minister Prem Kumar has announced the news at an election meeting. He said that tenders will be invited [...] Continue Reading »

Noida witnesses more metro lines

Noida witnesses more metro lines
Uttar Pradesh government has approved the two proposed routes of the Metro rail project in Noida. The two routes will be built as elevated corridors – a 3.9-km route between Kalindi Kunj and Botanical Garden and a 6.7-km City Centre-Sector 62 link. The total expense estimated for the project is around  Rs 2,660 crore. The [...] Continue Reading »

Delhi Metro’s phase 3 first corridor to be operational by March 2014

Delhi Metro’s phase 3 first corridor to be operational by March 2014
The first corridor in phase three of Delhi Metro – the Central Secretariat-Mandi House corridor via Janpath – will be operational by March next year. Delhi Metro is working on constructing a 3 km long underground pass to avoid the heavy traffic at Rajiv Chowk station. The chief of Delhi Metro Rail Corporation said that, [...] Continue Reading »

Polls come into way of Bangalore Metro Phase II land acquisition

Polls come into way of Bangalore Metro Phase II land acquisition
Sources say that the Bangalore Metro Rail Corporation Limited (BMRCL) has written to the Karnataka Industrial Areas Development Board (KIADB) to issue preliminary notification for the acquisition of land necessary for the construction of the corridors. KIADB is not able to do anything as no fresh tenders can be floated with the code of conduct [...] Continue Reading »

Golf Course Road commuters to bear development brunt

Golf Course Road commuters to bear development brunt
The proposed Metro expansion at Huda-DLF sector road from Cyber City to the Sector 55/56 junction will bring more glaze to the Golf Course Road. But commuters will suffer until it gets ready for use and it is expected to be completed by September next year. The Huda-DLF sector road is ready for operation whereas, [...] Continue Reading »

Metro proposal approved in Varanasi

Metro proposal approved in Varanasi
Varanasi- The proposal to introduce metro rail service in the city has been approved under the new plan of Varanasi Master Plan-2031. It was proposed by town and country planning department and was accepted by the state committee and Varanasi Development Authority board. The proposal was made seeing the need of metro rail service in [...] Continue Reading »



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