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DLF Plans Its Own Delhi-Gurgaon Metro
| October 3, 2007 |   (2 votes, average: 3 out of 5) Loading ... |
Indian real estate giant DLF is planning to start its own metro in Gurgaon to improve the connectivity to its townships and malls. If the plans fall in green box, the rail will cover about four km at an estimated investment of up to Rs 375 crore.
DLF will introduce its own rail as a feeder service to Delhi-Gurgaon metro line being constructed by Delhi Metro Rail Corporation in an order to provide an efficient connectivity.
The company has assigned RITES to undertake a feasibility report for providing feeder service between Sikandpur Chowk and the proposed Mall of India, located in Sector-24, Gurgaon, informs DLF Advisor C B K Rao.
Metro rail by DLF will not run on underground passage but on an elevated corridor. The project involves an investment of Rs 350-375 crore with each km costing around Rs 95-100 crore.
The company has asked for the permission from Haryana Government to allow it the use of roads and cut trees wherever require.
Initially, there will be four trains with three coaches each. They will have a carrying capacity of about 1 lakh people a day.
News Published Under: Real Estate Developers |
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