DLF Plans Metro Rail Connectivity For Its Townships

September 1, 2007	(1 votes, average: 4 out of 5)  Loading ...
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With a view to ensure connectivity of its townships with government metro rail projects, Indian real estate major DLF has now embarked on ambitious plans to develop private metro projects in Delhi, Mumbai, Hyderabad and Bangalore.

Since, the metro rail project to connect Delhi and Gurgaon, scheduled to be completed by 2009-10, is already underway the company is looking forward to connect its mega township ‘DLF Cyber City’ with the same.

For the purpose, international consulting agency RITES has been entrusted with the task of working out the project feasibility and research by DLF, sources informed.

According to the vice-chairman of the DLF Rajeev Singh, metro rail is a potential solution to ease out public transport system in a rapid and convenient way. Their company is quite keen to provide such facilities to the residents of its colonies, he says.

As per estimates, the construction cost of an elevated metro line comes close to Rs 100 crore and that’s why much depends on the outcome of the RITES research study.

The Ministry of Urban Development, at the other end, is also to find out that whether such provisions for privately-operated metro projects exists in the Metro Act or not. However, official sources point that necessary amendments can be introduced in the Act by the Ministry, in case the need arises.

Meanwhile, the company has also hired the director (projects and planning) of Delhi Metro Rail Corporation (DMRC) CBK Rao for developing private metro projects for DLF.

News Published Under:   Real Estate Developers |

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