Gurgaon Rapid Metro starts a new trial

Q: Hi, i have heard that Gurgaon Rapid Metro will change the scenario of real estate in Gurgaon.

Sarthi, Gurgaon

27th November 2013

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Replies (4)

I think all this will also effect the price of the metro to go up! Because if the construction price is so much then you can understand they will pick up the money from us. That's because its tariff is linked to that of Delhi Metro.

Arvind, Gurgaon

27th November 2013

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Hmm Seekha that is what the news is telling that ,the company has started work on the second phase which connects Delhi Metro with the second commercial hub of Gurgaon on the Golf Course Road. This stretch will be 6.6-km long and will cost double the amount of the first phase: Rs 2,143 crore. At Rs 329 crore per km, it will be amongst the most expensive metro projects in the country.

Johnathan, Gurgaon

27th November 2013

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True, and i guess this is the only project, that is taken care privately! right! The project was initially conceived as a collaborative venture between real estate developer DLF and Infrastructure Leasing & Financial Services, or IL&FS. But DLF, facing financial problems, pulled out and IL&FS became the sole owner.

Jashan, Gurgaon

27th November 2013

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Hi All , I have heard that the second phase of the metro has also started?? Is that true???

Seekha, Gurgaon

27th November 2013

Yes, it should change the scenario of Gurgaon real estate, as this is the boldest metro that is going to come up in the country. It might be a might be a ride of less than 15 minutes, cost just Rs 12, stretch over all of 5.1 km, but expectation is very high and hopes to change the real estate sector in a better way.

Suroshree, Gurgaon

27th November 2013

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