PM Lays Foundation Stone for ₹5,450 Cr Gurugram Metro Rail Project
Prime Minister has laid the foundation stone for the Gurugram Metro Rail project. The project, estimated at ₹5,450 crore, will span 28.5 km, connecting Millennium City Centre to Udyog Vihar Phase V. It will integrate with the existing metro network of Rapid Metro Rail Gurugram at the Moulsari Avenue station near Cyber City. This initiative aligns with the Prime Minister's vision of establishing world-class, eco-friendly mass rapid urban transport systems for citizens.
The completion of the project is anticipated within four years from the date of project sanction. It will be carried out by Haryana Mass Rapid Transport Corporation Limited (HMRTC), established as a 50:50 Special Purpose Vehicle (SPV) jointly owned by the Government of India and the Government of Haryana.
Key players in the real estate industry expressed optimism as the Gurugram metro project took off, foreseeing a transformative impact on the city's landscape. With improved connectivity and accessibility, the project is set to unlock a wave of investment opportunities and reshape the dynamics of Gurugram's real estate market.
The completion of the project is anticipated within four years from the date of project sanction. It will be carried out by Haryana Mass Rapid Transport Corporation Limited (HMRTC), established as a 50:50 Special Purpose Vehicle (SPV) jointly owned by the Government of India and the Government of Haryana.
Key players in the real estate industry expressed optimism as the Gurugram metro project took off, foreseeing a transformative impact on the city's landscape. With improved connectivity and accessibility, the project is set to unlock a wave of investment opportunities and reshape the dynamics of Gurugram's real estate market.