in Property Time |Property News !
Thu Jan 31, 2013 12:38 am
Authority mulls new Noida-G Noida metro link.
The Noida authority is likely to approve a proposal for a new Metro line to Greater Noida in its board meeting on Friday.
The proposed 25-km link is set to give a big boost to the realty sector, which has been facing rough weather due to a host of reasons. "The proposed line will start from Kalindi Kunj Metro station and run parallel to Noida-Greater Noida Expressway before ending at Pari Chowk in Greater Noida," said Manoj Kumar Rai, officer on special duty (OSD), the Noida authority.
During the BSP regime, the authority had approved a Rs. 5,000-crore Metro link between Noida and Greater Noida along the expressway. The 23-km line was to have 22 stations. But that plan never saw the light of the day.
"The plan of running Metro from Kalindi Kunj to Pari Chowk was floated by the Greater Noida authority. But the Noida authority will fund it," said Rai.
According to the official, apart from the new link, the authority officials would discuss the progress of other three proposed Metro expansion projects.
In July last year, the authority had given nod to a 7-km-long Metro line between Sector 71 and Greater Noida West.
The detailed project report (DPR) of this route is being made.