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Delhi Metro’s 7 Subways In South To Provide Ease OfIn order to provide ease of commuting, the Delhi Metro is going to build seven subways along the Magenta Line near the Outer Ring Road. The plan is to build seven underpasses for pedestrians at Munirka, RK Puram, IIT, Panchsheel Park, Chirag Delhi, Greater Kailash and Nehru Enclave. These subways will be operational by mid-April. Through their multiple exits and entry points, these subways would help non-Metro travellers, too.
Delhi Metro's Blue Line Extension Will Work Its MagiThe Cabinet on May 16 approved extension of the Metro rail network from Noida City Centre to Sector 62, which borders Ghaziabad, with an investment of Rs 1,967 crore. The New Line will be an extension of the Dwarka-Noida City Centre Line of the Delhi Metro. The extended route will provide transport facility to a large number of people living in Noida, besides catering to residents of close-by areas of Ghaziabad.
Stop All Construction In Delhi's Unauthorised ColoniThe Supreme Court has halted further constructions in 1,797 colonies of Delhi, which are not in conformity with the building bye laws. The top court has asked the Centre to set up a special task force to oversee enforcement of laws regarding illegal constructions. Also, the Delhi High Court has warned the Delhi government of a time bomb in the making owing to its vested interest of regularising illegal constructions with the support of municipal corporations.
DMRC Gives You A Chance To Own Homes Starting Rs 60LThe DMRC is foraying into residential real estate and its housing scheme guarantees home buyers 2BHK and 3BHK units at a cost advantage. Starting May 2017, prospective home buyers can fill in their applications for the same.
How Delhi Metro Influenced Property Prices In NCRDelhi 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 is gets better. MakaaniQ lists locations that have benefitted from the different routes of the Delhi Metro.