The expansion of the Metro line from HUDA City Centre Metro Station to Cyber City Gurugram has been given approval by the Union Cabinet. The development is expected to have a positive impact on the area’s real estate market.
Since it would receive a big infrastructure development, real estate companies appealed it holds enormous potential, mainly for the real estate sectors between the Dwarka Expressway and New Gurgaon.
The coming metro link from HUDA City Centre to Cyber City, Gurugram, with a dedicated spur to Dwarka Expressway, guides in a new age of development for the area, according to Gaurav Bhalla, MD of Vatika Group.
Particularly for the rapid expansion and growth of the residential and commercial real estate sectors, this totally raised project is of paramount importance.
The Dwarka Expressway, which is already busy with significant projects and development, serves as proof of its relevance in Gurugram’s overall expansion, he continued.
The metro connectivity will act as a spark, igniting the already robust growth of the Dwarka Expressway and making it into a sought-after location as a result of the numerous people moving to this area.
The introduction of the metro will revitalise the entire region and catapult Gurugram to previously unheard-of levels of success and riches. “The Union Cabinet’s approval of the metro extension from HUDA City Centre to Cyber City could be regarded as a remarkable step towards Gurugram’s growth,” stated Pradeep Aggarwal, founder and chairman of Signature Global (India) Ltd.
Due to the major infrastructure improvement, this development has enormous potential, especially for the real estate market near the Dwarka Expressway and New Gurgaon.
He added that the start of this metro connectivity will open up a lot of investment opportunities and lead to employment, which will promote development in Gurugram’s real estate market.
It will link the city’s numerous neighbourhoods like a delicately constructed garland, promoting Gurugram’s overall growth with a concentration on New Gurugram and the suburbs nearby along the Dwarka Expressway.
This constructive move is anticipated to spur advancement and growth throughout the Gurugram region, benefiting locals, companies, and the economy as a whole,” added Aggarwal.
JMS Group Managing Director Pushpender Singh asserted that the development of a new metro line in the area will have far-reaching impacts, addressing essential needs and promoting economic growth.
Source- News18