Property for rent in Vasant Vihar Delhi

The Delhi Metro has influenced the real estate prices of localities lying close to stations. The areas lying in extreme proximity to the Metro station witnessed an average 50 per cent jump in the cost of construction. The latent effect was more visible on the rental market where the asking values have been going up as the connectivity gets better. MakaaniQ lists locations that have benefitted from the different routes of the Delhi Metro.

The Delhi Development Authority has approved a proposal for the construction of a flyover between Apsara Border and Ghazipur intersection on the National Highway-24. To be constructed by Delhi’s Public Works Department, the two-km corridor will help decongest some of the key areas of east Delhi.

Anand Vihar will be converted into an integrated transport hub where people plying from different areas of the neighbouring state via bus terminus and railway station will be able to enjoy the swift Metro route on Pink and Blue Line.

The city’s two posh private colonies Sushant Lok-1 and Palam Vihar will be taken over by the Municipal Corporation of Gurugram (MCG).

Delhi government is planning to approval to Delhi Metro's fourth phase of expansion. This extended route will be around 103 kilometers in length. There will be six new lines connecting Rithala-Bawana-Narela, Mukundpur-Maujpur, Janakpuri West-R K Ashram, Inderlok-Indraprastha, Tughlakabad to Terminal 1 and Lajpat Nagar-Saket G-block. Introduction of these lines will reduce passenger traffic and boost connectivity in south and central Delhi. Moreover, areas such as Bawana, Narela or Burari will enjoy good connectivity because of this expansion.