With the unveiling of plans to construct 22 stations from Noida International Airport Jewar to Ghaziabad, connecting Namo Bharat and Metro, residents of the National Capital Region (NCR) can anticipate a significant improvement in transportation infrastructure. The project aims to enhance connectivity and ease commuting for individuals residing in the region. Let’s delve into the details and understand the potential impact it could have on property rates along this route.
Enhanced Connectivity and Economic Implications
The proposed project by the National Capital Region Transport Corporation (NCRTC) outlines the construction of a 72.2 km elevated track from the airport to Ghaziabad, with both Metro and Namo Bharat trains operating on the same route. This initiative not only promises improved transportation options but also signifies a boost to economic activities in the area.
Phase-wise Development for Optimal Efficiency
In the initial phase, a 39.39 km track will be laid from Siddharth Vihar in Ghaziabad to Greater Noida Ecotech-6, encompassing 18 stations. This phase aims to establish vital links between key locations, including Siddharth Vihar, Greater Noida West, and Ecotech-6, thereby facilitating seamless travel for commuters.
Future Expansion and Connectivity
Looking ahead, the project envisions further expansion with the addition of more stations, potentially increasing the count to 35. The development of direct connectivity between Jewar Airport and Indira Gandhi International Airport, as well as the proposed Film City in Yamuna City, highlights the project’s comprehensive approach towards enhancing regional connectivity.
Potential Impact on Property Rates
The introduction of new Metro and Namo Bharat stations along this route is expected to have a substantial impact on property rates. Areas in proximity to these stations are likely to witness a surge in demand for residential and commercial properties. With improved accessibility and connectivity, these locations become more attractive to prospective buyers and investors, consequently driving up property prices.