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RRTS To Be Fast Tracked In Delhi NCR

Three corridors are going to be developed to the speed up the Rail-Based Regional Rapid Transport System (RRTS) in the area of National Capital Region (NCR). As announced by the Venkaiah Naidu, Union Urban Development Minister, two out of these three corridors will be developed in Haryana.

The two corridors, Delhi-Gurugram-Revari-Alwar and the Delhi-Panipat will give the trains the advantage to reach the speed of up to 160 kilometers per hour.

The total expenses incurred in developing these corridors will be Rs.50000 crore and this amount will be funded by the Haryana Government, the Central government and International Funding Agencies.

As per the Naidu, the finalizing of detailed project reports has been done. Gurgaon is also being considered as for participation in the smart cities’ competition. This proposal is being funded by the central and the state government.

Haryana has also confirmed that it will soon notify the rules under the implementation of RERA so that there is a certain level of trust between the builders and homebuyers.

Team iPropUnited

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