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METRO MAGIC – Delhi Metro to reach Kundli by 2022

In a major infrastructural boost for the Delhi NCR, the government of Haryana recently approved the extension of the Delhi Metro network to Kundli

The Haryana Mass Rapid Transport Corporation (HMRTC), chaired by chief secretary D S Dhesi, approved the project for connecting Kundli with the Delhi Metro network at its board meeting recently.

The project will involve extending the Metro line from Narela in Delhi to Kundli, covering a distance of about 4.86km, and be a part of Delhi Metro Phase IV. The estimated cost of the project is Rs 1,100 crore and will have three stations–Narela Sector 5, Kundli, and Nathupura.

The proposed extension from Narela to Kundli is being designed to handle around 3,336 passengers per direction during peak hours, with trains expected to run at an interval of 5.50 minutes.

The Metro extension till Kundli will be a great boon for the development of real estate in this region. Thousands of workers and businessmen can now shift to Sonipat, Panipat, and other towns in the neighbouring region and can commute to Delhi daily through this network.

The fixed cost at the August 2016 price is estimated to be Rs 928 crore, including the cost of land, but excluding taxes and duties. The overall capital cost for this corridor at the August 2016 price works out to Rs 1,100 crore, including the applicable taxes and duties of Rs 172 crore.

The project is to be executed along with Phase IV of the Delhi Metro network and would be completed by March 31, 2022, with the Revenue Opening Date (ROD) assumed as April 1, 2022.

The Metro extension from Narela to Kundli would be funded on a similar pattern as the extensions to Noida, Gurgaon, Faridabad, and Bahadurgarh. The Haryana government will shoulder 80% of the cost of all construction and systems while the Centre will pitch in with the rest 20% as grant, as this extension has been planned at the specific request of Huda. Moreover, land would also be provided by Huda and the government of Haryana, free from all encumbrances.

The proposed extension from Narela to Kundli will be executed along with the Rithala-Narela corridor in Delhi Metro’s Phase IV, which is awaiting the approval of the Delhi government.

The Metro extension till Kundli will be a great boon for the people of this region, too. Lakhs of workers and businessmen living in Kundli, Sonipat, Panipat, and in the neighbouring region can come to Delhi daily through this network.

Many big commercial, residential, institutional, and other businesses are sprouting in Haryana along NH-1, beginning with Kundli. In this sense, the expansion of the Metro network on this route will not only benefit Kundli and Sonipat, but the whole of Haryana.

source: http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=METRO-MAGIC-Delhi-Metro-to-reach-Kundli-by-01042017301036

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