People living in Greater Noida West are going to get a big gift very soon. Noida Metro Rail Corporation i.e. NMRC will very soon start the construction work of a new metro corridor connecting Noida with Greater Noida West (Noida Extension), which will extend up to Knowledge Park 5. For this, DPR has been approved in the board meeting of NMRC.

For a long time, people of housing society living in Greater Noida West were demanding metro in Noida Extension. Keeping in view the demand of the people, Noida Metro Rail Corporation had prepared DPR for the new metro corridor, which has been approved in the board meeting of NMRC. About 11 metro stations will be added in this new metro corridor, which will be built at a cost of Rs 2,991.60 crore, which will connect Noida from Greater Noida West to Knowledge Park 5. The length of this entire new metro corridor will be 17 points 435 kilometers.

The special thing is that people going directly from Delhi towards Greater Noida West will also get a big relief through this new metro corridor because both Noida Metro Rail Corporation and Delhi Metro Rail Corporation (DMRC) have negotiated to convert the Sector 61 Blue Line into this new metro corridor. Plans have been made to connect with the new metro corridor. Connecting with Sector 51 on Aqua Line, this metro corridor will start from Sector 61, which will be the interchange for Aqua Line and Blue Line, after that this metro corridor will extend from Greater Noida West to Greater Noida Knowledge Park 5 via Sector 70, Sector 122. Will go till.

These stations will be on this new metro corridor

Sector 51 (already station on Aqua Line)

1) Noida Sector 61 (Interchange of Blue Line and Aqua Line will be built in the new metro corridor)

2) Noida Sector 70

3) Noida Sector 122

4) Noida Sector 123

5) Greater Noida Sector 4

6) Ecotec 12

7) Greater Noida Sector 2

8) Greater Noida Sector 3

9) Greater Noida Sector 10

10) Greater Noida Sector 12

11) Greater Noida Knowledge Park 5

The construction of this new metro line will provide relief from the heavy traffic on the roads around Greater Noida West i.e. Noida Extension Gaur City. Let us tell you that lakhs of people live in the big housing societies of Noida Extension, due to which there was a demand for metro for Noida Extension for a long time.

Due to high density of population, people in Noida Extension area have to face heavy traffic in the morning and evening. In such a situation, this new metro corridor will not only be useful for people’s travel but it will also reduce the traffic pressure on the road.

The post Good News! Metro will run till Noida Extension, these 11 stations will be in the new corridor first appeared on Rightsofemployees.com.

According to PropTiger’s March quarter report, in January and March 2023, a total of 1,47,780 residential units have been launched in major metro cities including Delhi NCAR, Pune, Hyderabad. This is the highest ever level of largest launches in a quarter. The average property price in Delhi-NCR is Rs 4500-4700 (per sq. yard) in the March quarter. This shows that property prices have increased by 6 per cent on an annual basis.

According to the report, 50 percent of the projects launched in Delhi-NCR during this period cost more than Rs 1 crore. This reflects the growing demand for premium housing options in the region. The areas which registered maximum development activities include Sector-63 Gurugram, Sector-92 Gurugram, Sector 1-Greater Noida West (Noida Extension) and Sector-93 Gurugram. These areas have emerged as major centers for the launch of new properties.

PropTiger Business Head Vikas Wadhawan said that Gurugram is at the forefront of launching new properties. Overall, Gurugram has the highest share of 63 per cent in the total new supply done in all the sectors. The city’s prime location and attractive offers have contributed to increasing Gurugram’s dominance in the property market.

In terms of sales, a total of 3,804 units have been sold in Delhi-NCR in 2023. In this, the highest demand is for three BHK houses, which have the largest share of 45 percent in total. After this, there is the highest demand among consumers for 4 BHK, which is 38 percent of the total demand.

In terms of total property sales in Gurugram, 35 per cent units have been sold, while 39 per cent properties have been sold in Noida and Greater Noida. Sector 1 – Greater Noida West (Noida Extension), Sector-86 (Gurugram), Rajnagar Extension, (Ghaziabad), Techzone 4 and Sector 92 (Gurgaon) are among the areas that have seen the highest number of property sales in Q3 2023. Are.

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