GDA may prioritise work on Noida Electronic City to Sahibabad line

Metro Expansion: GDA may prioritise work on Noida Electronic City to Sahibabad line

Ghaziabad News

As a part of the Metro Stage 3 blueprint, the Ghaziabad Development Authority is planning to expand metro services from Noida Electronic City to Sahibabad over the Vaishali-Mohan Nagar Metro line. This will not only enhance connectivity amongst these localities but also boost the real estate market of the same.

According to GDA sources, the reason that the authority is prioritizing this 5.11 kilometers is due to the fact that the DMRC (Delhi Metro Rail Corporation) proposing the same in return for ensuring metro connectivity to Noida, Faridabad, and Delhi from Ghaziabad.

The sources further said that the expansion cost will be jointly shared by the Centre, State Government in Uttar Pradesh, UPSIDC, GDA, GMC and UP Housing Board. It is projected that the estimated cost of this project will be approximately Rs. 1, 886 crores. The Noida Electronic City to Sahibabad line will have five stations namely Vaibhav Khand, Indirapuram, Shakti Khand, Vasundhara, and Sahibabad.

The Blueprint which has been prepared by the officials revealed that the Centre and UP State Governments will provide Rs. 334.6 crore each while 571.90 crores will be contributed by the GDA. On the other hand, the UP Housing Board and GMC will be providing Rs. 365.04 crore and Rs. 206.86 crore respectively. The UPSIDC will be giving Rs. 73.01 crore.

Based on the requirements, there will three stations in the Indirapuram which will be looked after by GDA and another in Vasundhara which will be regulated by UP Housing Board.

In recent times, residential real estate markets of Indirapuram and Vasundhara has taken a steep jump and have become major housing hubs in Ghaziabad zone. Many home buyers have flocked towards these regions due to better connectivity from Delhi and well- developed infrastructure. The metro is already providing its services till Vaishali which is also one of the busiest routes till date.

Some of the major projects in these two regions are Gaurs Green Vista, Ecnon Twin Towers, ABA Olive County, Shipra Windsor, Ashiana Greens, Shipra Sun Tower etc.