The development work for the Old Gurugram Metro is moving ahead rapidly. To raise the required funds for the project, Gurugram Metro Rail Limited (GMRL) plans to develop high-rise residential and commercial buildings along the metro corridor. These buildings will span up to 800 meters on both sides of the metro route.
GMRL to Collaborate with Real Estate Companies
To accelerate the development, GMRL will soon engage in talks with real estate companies for the construction of these high-rise buildings. The Haryana State Government has approved the Transit-Oriented Development (TOD) policy, which allows the sale of Floor Area Ratio (FAR) along the metro pillars within an 800-meter range. This policy will be implemented in two segments, with 500 meters being the first segment and 500 to 800 meters as the second.
TOD Policy: Boost for High-Rise Construction Along Metro Corridor
Under the TOD policy, the metro corridor will see a boost in construction as developers can purchase FAR rights. These high-rise structures will provide both residential and commercial spaces, creating a dynamic urban environment around the metro route. This policy not only aids in project funding but also boosts urban infrastructure in the region.
Interchange Station to Link with Delhi’s Yellow Line
The Old Gurugram Metro Line will connect with Delhi’s Yellow Line at the Millennium City Centre Metro Station, where an interchange station will be built. This interchange will make it easier for commuters traveling from Delhi to access Old Gurugram areas seamlessly.
27 Stations Planned for 28.5 km Long Metro Project
The Old Gurugram Metro project spans 28.5 kilometers and will include 27 stations. The estimated cost of the project is around ₹5,452 crore. Once completed, this metro line will provide a significant boost to the connectivity and infrastructure of Old Gurugram.
Key Points:
- GMRL is advancing rapidly with the construction of the Old Gurugram Metro route.
- High-rise residential and commercial buildings to be developed along the metro corridor.
- GMRL will collaborate with real estate companies to implement the project.
- Under the TOD policy, FAR rights will be sold for up to 800 meters along the metro route.
- An interchange station will link the Old Gurugram Metro Line with Delhi’s Yellow Line at Millennium City Centre.
- The project will include 27 stations along a 28.5 km stretch, costing approximately ₹5,452 crore.
Table: Key Details of Old Gurugram Metro Project
Details | Information |
---|---|
Metro Route Length | 28.5 kilometers |
Number of Stations | 27 |
Estimated Project Cost | ₹5,452 crore |
FAR Development Range | Up to 800 meters on both sides of metro route |
TOD Policy Implementation | In two phases (500m and 500-800m) |
Interchange Station | Millennium City Centre, connecting with Delhi’s Yellow Line |
Development Plan | High-rise residential and commercial buildings |