To
improve the metro connectivity along Yamuna Expressway, the Yamuna
Expressway Industrial Development Authority (YEIDA) has agreed for
the metro rail for Yanuma Expressway City and approved the metro rail
project between the proposed metro station at Pari Chowk till Sector
18 and 20, which is the foremost residential sectors of the authority
being developed, where over 21000 allotments have been done.
Delhi
Metro Rail Corporation (DMRC) will carry out the work for metro rail
connectivity, while the the Board has approved Rs.300 crores for the
project to be spent in 2014-15. The route is estimated to be ready in
the next three years and the construction will start withing six
weeks.
The
total length of the Metro project is 29.70 kilometres and it will be
run on 1433 gauge and will have 22 stations. It is said that around 6
km route will be in Greater Noida city and the rest in Yamuna
Expressway City. The areas to be covered are Sectors 32, 51, 83, 101,
143, 147, Knowledge Park II, Pari Chowk, Sector Alpha, Delta and
Knowledge Park IV and the Metro rail would start from Botanical
Garden Metro station.
The
Detailed Project Report (DPR) will be prepared by Delhi Metro Rail
Corporation due to its expertise in functioning Metro rails,
mentioning the cost of the project, passenger volume projections and
project capability of normal growth and development.
Sanjeev
Saran the CEO of Noida said that “Noida Authority is in the process
of expanding the existing bus fleet of City Bus Service and for this
authority would add 170 buses in its fold. For this Noida Authority
would provide 40.5 crore to the State Transport Department. Out of
170 buses, 48 buses will be in the semi low-floor category while
feeder buses will be made available at all metro stations of Noida
city.”
He
also declared to make one MW solar plant on the model adopted by
Gujarat Government to make the region more environment friendly.
With
this metro project the real estate industry are set to reap benefits
as because of the easy connectivity the property in Noida, Greater
Noida and Yamuna Expressway will gain huge values. This will bring
good deals for the real estate and will give good return in
investments for the buyers or investors. So it will going to be
beneficial for the real estate sector as the connectivity will
attract a lot of buyers, investors as well as the end users.
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