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Delhi Metro

Monorail project to be funded by Japanese firm

Monorail project to be funded by Japanese firm
Japanese International Cooperation Agency (JICA) will be financially supporting the monorail project in Delhi, confirmed Mahendra Pal Singh, additional chief development specialist, JICA. The Delhi government’s approval on the project report is awaited. Over a period of 14 years, JICA has so far invested 502,644 million yen in the Delhi Metro. Pledged by the Prime [...] Continue Reading »

Real estate in Noida gets a boost with infrastructure growth

Real estate in Noida gets a boost with infrastructure growth
Noida which was once the hub of industrial development has quickly transformed itself into a real estate hub. The increasing number of infrastructural and real estate projects sketches the proximity  of Noida to become one of the largest industrial townships of India. In the past three years Noida has witnessed, many residential sectors and industrial [...] 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 »

Pitampura: New nest for residents

Pitampura: New nest for residents
Pitampura is a locality situated in northern part of Delhi between Outer and Inner Ring Roads, NH 1 and Rohtak Road. It is residential locality and has good number of retail and commercial centers. Mostly, this area comprises of residential colonies and plotted houses developed by Cooperative Housing Societies and the Delhi Development Authority (DDA). [...] 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 »

Noida Metro project expected to start from May

Noida Metro project expected to start from May
After a long pause, the work on all the four Metro projects in Gautam Budh Nagar district is expected to resume in May this year. The work was stopped for several months due to various reasons. As per some reports, Noida authority officials have taken this matter seriously and is working hard to complete all [...] Continue Reading »

Rapid metro Phase 2 bagged loan deal for expansion

Rapid metro Phase 2 bagged loan deal for expansion
The Metro firm has signed a loan arrangement for the second phase of the Intra City rapid metro project, while the first phase is all set to start in Gurgaon this May. The Rapid Metro Rail Gurgaon South Limited (RMGSL), the Special Purpose Vehicle (SPV) is formed for taking of the phase 2 project, has [...] Continue Reading »

GDA to raise funds for the Noida-Indirapuram Metro link

GDA to raise funds for the Noida-Indirapuram Metro link
The detailed project report (DPR) of the proposed 2.7 km metro line connecting Noida’s Sector 62 to Indirapuram has been declared by the Ghaziabad Development Authority (GDA). According to the report, the estimated cost of the project is Rs 764 crore. Sources have reported that the UP government will have to bear Rs 371 crore [...] Continue Reading »

Commercial property tax may witness a hike

Commercial property tax may witness a hike
Commercial property located within a radius of one kilometre from any metro line in Delhi is likely to witness a hike in property tax very soon. The three new municipal corporation heads have given a positive nod for the move. Considering the assembly elections scheduled next year, residential properties will be excluded from the hike. [...] Continue Reading »

CISF plans to reduce Metro frisking time

CISF plans to reduce Metro frisking time
A new step is planned by the Central Industrial Security Force (CISF) to reduce the frisking time during the peak hours, as the crowd becomes too congested at Delhi Metro stations. According to the officials, peak hour frisking time will soon be reduced from 8-12 to 5-6 minutes. The main stations like Rajiv Chowk and [...] Continue Reading »



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