Pink Line: Lajpat Nagar-South Campus Section Now Operational
The wait to travel to some of the well-known shopping destinations of the national capital via the Metro is now over as the Lajpat Nagar-South Campus section of the Delhi Metro's Pink Line is now open for public. The route was inaugurated on August 6 by Delhi Chief Minister Arvind Kejriwal and Housing Minister Hardeep Singh Puri.
The segment will extend the corridor from Delhi University's South Campus to Lajpat Nagar, through Sarojini Nagar, INA and South Extension.
Once fully operational, the Pink Line will connect north and northwest part of the national capital with the southern part of the city, and reduce travel time for residents of west and north Delhi to the airport. Here is all you need to know about this corridor of the Delhi Metro:
The pink plan
The Pink Line of the Delhi Metro is currently under construction and is a part of the Phase-III network. The Metro line would connect Majlis Park to Shiv Vihar. Once completed, the corridor will be the longest line on the Delhi Metro, breaking the record set by the operational Blue Line. The total length of the Pink Line is 59 km and runs along the Delhi Ring Road. A major part of this corridor is elevated while the route is U-shaped pattern.
It would be also the first line to have interchanges with all operational lines as well as with the Hazrat Nizamuddin Railway Station and the Anand Vihar Terminal. The corridor will also have the highest point of the Delhi Metro at Dhaula Kuan.
Impact on property market
The Pink Line will connect several affordable property markets in east Delhi with other parts of the national capital which are of economic importance. Areas such as Vinod Nagar and Trilokpuri, for instance, witnessed an increased interest from the investors due to expected rental returns. But, with the delay in this particular stretch, investors sentiments are not as positive like earlier. Since the rental demand is strong due to pocket-friendly housing options close to job hub of Lakshmi Nagar and Noida, the added Metro connectivity when operational would further boost rental returns.
With inputs from Housing News