What will be impact of metro station in delhi ncr for residential as well as rental?

Q: Metro connectivity scarcely affects capital values yet rental business sees greatest impact in settled markets.

Raj Roy, Delhi

8th April 2015

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Replies (4)

Hi, It will have a great impact, thus providing people with easy accessibility and connectivity.

himanshu,

6th November 2015

Comment

Hello Raj, metro rail is expanding its foot very quickly over the Delhi NCR regions including Greater Noida, Dwarka Extension and Faridabad. Better connectivity through metro rail expansion will definitely increase the prices of properties in the region. I would like to add that premium projects near proposed metro plan, will witness a steady rise in property prices and give benefits to the investors and real estate developers.

Abhay Bhardwaj,

13th April 2015

Comment

Hi Mr raj,

As per different sources, "till now greater part of the inhabitants are well-to-do representative and salaried class workforce utilized in closest employment business sector of Jahangirpuri Industrial Area and business center of Netaji Subhash Place. Better integration would bring overflow request from Rohini, which has much higher rentals than Shalimar Bagh in view of generally spread metro system.

Tushar Surendren, Delhi

8th April 2015

Comment

@ Mr Raj Roy,

As of now, Shalimar Bagh has been a heaven for the individuals who go in their private vehicles as transports are regularly over-packed and auto-rickshaws are lavish. When metro gets operational, voyaging would be simpler and bother free.

Prem Sharma, Delhi

9th April 2015

@ Raj,

Regarding the matter of gratefulness in capital qualities, pattern watchers have distinctive perspective to concentrate on. "Shalimar Bagh has properties in section of Rs 8,500-11,000 every sq ft. It is a built micro-market which has resale properties and no new advancement. The gratefulness occurred when metro was proposed consequently there would be no impact from that point.

lekshmi.sanjeev@ymail.com, Delhi

10th April 2015

@ Raj,

According to the press discharge flowed by the Delhi Metro, metro burrowing has been finished between Shalimar Bagh and Azadpur Metro Stations on Ring Road. The line is all normal to get operational in 2016. Metro is having a huge impact on residential as well as commercial real estate market. Current scenario indicated that , if this much change is shown now, then more is yet to come.

James, Delhi

11th April 2015

Hi Mr Raj Roy,

As per my knowledge, officially well-off regarding property estimations, Shalimar Bagh one of the completely settled business sector has a strong rental business sector where proprietors are acquiring leases comparable to compensations. On the other hand, as the metro development is going full speed ahead, the realty business is expecting a surge in the qualities, owing to metro network from vital employment centers of Delhi.

Sufia, Delhi

8th April 2015

Comment

@ Raj Roy,

In my point of view, a reasonable increment of 10-15 every penny in rental qualities is normal over a time of time. This would be affecting the mid-fragment properties the most. According to the authority archives accessible on Delhi Metro site, Shalimar Bagh would have direct metro integration from Azadpur, Rajouri Garden, Dhaula Kuan, Lajpat Nagar and Mayur Vihar.

Akash Kanojia, Delhi

8th April 2015