Livability To Get A Boost As NMRC Takes Up Development Along Metro Stations

Livability To Get A Boost As NMRC Takes Up Development Along Metro Stations

Livability To Get A Boost As NMRC Takes Up Development Along Metro Stations

A large part of Delhi population relies on Metro for the daily commute. There is also a section of the population that relies on Delhi Metro to boost housing stock around and also, helps them find takers, faster. Amid all of this, there is also a strong commotion when it comes to parking lots. In a latest development, it has been suggested that the parking facilities along all the metro stations of the Noida-Greater Noida Metro corridor would be handed over to the Noida Metro Rail Corporation (NMRC). Previously, it was to be looked into by the Noida and Greater Noida Authority. The aim is to make these stations user-friendly and hence, plans are in progress.

Many stations on this corridor will be surrounded by business hubs, mini-malls, retail, eateries, police posts and small businesses thriving. The multimodal transport that will facilitate smooth connect between stations and localities are also being planned. Officials from the Agra Development Authority and Meerut Development Authority have been reportedly summoned on deputation. As of now, the officer on special duty, NMRC, Shailendra Bhatia has been quoted as saying that the feasibility and number of parking lots for both two and four wheelers has been worked out.

How do re-developing metro stations help?

In Delhi, home buyers and tenants pay for the convenience they avail by living next to a Metro station. For property owners, it becomes easier to pitch their property for rent and even for sale when they say in the listing that the property is just half a kilometre from the nearest Metro station. Moreover, in 12 years of its inception, Delhi Metro boasts nearly 240 Metro stations and covers a stretch of 330 km. Not just Delhi, it is a boon for many commuters those travel to the national capital region including Gurugram, Faridabad and Noida.

This robust transport mechanism has opened up jobs and aided better access between the micro-markets. It has also help home sales in areas that were otherwise locked due to access issues Delhi, Gurugram, Noida and Ghaziabad.  Modelling these stations into a user-friendly location serves well especially because it gives a brownie point to respective localities. Commuters can get-set-go, grab a bite and hop on into the next connecting line without having to waste time in between, making travel more efficient. Livability also gets an uptick.

Chennai's Central Metro will have the city's largest underground parking that could accommodate 4,000 four-wheelers at a time and will serve all the commuters including those who aren't availing Metro services. It helps decongest the lanes in a big way. With more controlled traffic on the roads, the localities surely get something to boast about.  Similarly, NMRC's move to take up parking and developmental undertaking along the Noida metro stretch will impact business and residential reality, slowly yet strongly.

Last Updated: Tue Apr 04 2017

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