News

Greater Noida West Soon To Have 15-km Metro Link To Noida

Greater Noida West will soon have metro link to Noida as UP govt. gives a nod to the 15-km metro proposal connecting Sector 71 of Noida and Knowledge Park V of Greater Noida. This metro connectivity may boost the buyers and investors to invest in Greater Noida real estate. However, not before March 2021 the two suburbs will have the connectivity, as per the deadline decided by NMRC.

The proposed plan has been laid by the state government in consideration with the convenience in buying homes in Greater Noida West as well as nearby Crossings Republik in Ghaziabad. The later encompasses 30,000 occupied housing units out of 36,000 of total housing units.

The under-construction 30-km metro line and proposed 15-km metro line will meet at Sector 71 station.

Moreover, Greater Noida is currently witnessing around 3.5 Lakh of under-construction housing projects of which merely 40,000 units are occupied and rest are still awaiting the reason to be sold out, may be.

The 15-km Noida – Greater Noida West metro will cover most of the localities at the corridor of Greater Noida. The preeminent track of the project will be covering nine stations and will be constructed on Vikas Marg divider that well connects Noida with Greater Noida West along with the road that runs through residential, educational, and industrial areas in Greater Noida.

The proposed metro project will be covering Noida’s sectors 63, 66, 67, 71, 72, 118, 119, 122 and the areas along the metro track. Where as in Greater Noida, Knowledge Park 1, 2, 3, 4, and 5 along with Sectors 1, and 10 will be on the metro route.

This advantageous metro project to be laid down soon by the state government is worth ₹3,884 Crore.

Team iPropUnited

Share
Published by
Team iPropUnited
Tags News

Recent Posts

Maha RERA directs Godrej Properties to refund the booking amount for a project initiated before RERA regulations.

The regulator determined that the project was ongoing when the real estate law came into…

2 days ago

The Importance of Due Diligence Before Purchasing Property

Due Diligence Before Purchasing Property, Due diligence is an essential step in any real estate…

6 days ago

Embassy Real Estate Investment Trust (REIT) has appointed Ritwik Bhattacharjee as the interim CEO.

This follows a SEBI order on November 4 directing Embassy REIT to suspend Aravind Maiya…

1 week ago

Macrotech acquires Bain Capital’s stake in three digital infrastructure entities for ₹307 crore.

Previously, Macrotech also acquired real estate firm Ivanhoe Cambridge's stake in the three entities, aligning…

1 week ago

Benefits of LEED-Certified Buildings for Investors and Tenants

LEED (Leadership in Energy and Environmental Design) certification has become a prestigious standard in the…

2 weeks ago

QIP issuances by real estate developers reached ₹12,801 crore from January to September 2024, marking the second-highest amount after the renewable energy sector

From January to September 2024, QIP issuances across all sectors totaled ₹75,923 crore, with real…

2 weeks ago

This website uses cookies.