Rithala-Narela-Kundli Metro Corridor Gets Nod, to Boost Narela Sub-City

The Centre has approved the Rithala-Narela-Kundli metro corridor project, which is expected to boost the Narela sub-city and enhance regional connectivity.

Rithala Narela Kundli Metro CorridorNarela Sub CityDelhi Metro Red LineInfrastructure DevelopmentRegional ConnectivityReal Estate NewsJun 17, 2024

Rithala-Narela-Kundli Metro Corridor Gets Nod, to Boost Narela Sub-City
Real Estate News:The Centre has given its approval for the Rithala-Narela-Kundli metro corridor project, which is an extension of the Delhi Metro Red Line. The project, worth Rs 6,231 crore, is expected to be completed within four years. The Delhi section of the project will cost Rs 5,685.22 crore, with the central government covering nearly 40% of the cost. The Delhi Development Authority (DDA) will contribute Rs 1,000 crore, while the remaining amount will be financed through bilateral/multilateral loans and the Delhi government.

The 26.5-km metro line will have 21 stations and is expected to significantly boost connectivity for the Narela, Bawana, and Alipur areas with the rest of the city. Key stations along the metro route include sectors of Rohini, villages such as Barwala and Sanoth, Narela sectors, J J Colony, Bawana Industrial Area, and several others crucial for enhancing regional connectivity and accessibility.

The corridor will enable seamless interstate connectivity between Ghaziabad (Uttar Pradesh), Delhi, and Kundli in Haryana. It is projected to draw a daily ridership of 1.26 lakh by 2028 and 3.8 lakh by 2055.

The project is expected to boost the Narela sub-city, which is known for its educational institutions, a multi-modal logistic park, corporate offices, and medical campuses. There are prominent institutions such as Delhi Technological University, NIT Delhi, and National Institute of Homoeopathy.

With the approval of the Rithala-Narela-Kundli metro corridor project, the Narela sub-city is set to witness significant growth and development in the coming years.

Frequently Asked Questions

What is the cost of the Rithala-Narela-Kundli metro corridor project?

The project is worth Rs 6,231 crore.

How many stations will the metro line have?

The metro line will have 21 stations.

What is the expected daily ridership of the metro corridor by 2028?

The expected daily ridership is 1.26 lakh by 2028.

How will the project be financed?

The project will be financed through a combination of central government funding, Delhi government funding, and bilateral/multilateral loans.

What is the expected completion date of the project?

The project is expected to be completed within four years.

Related News Articles

Rustomjee Group Expands into Data Centers and Plotted Developments
Real Estate Pune

Rustomjee Group Expands into Data Centers and Plotted Developments

Rustomjee Group plans to foray into data centers and launch plotted development projects

May 27, 2024
Read Article
Integrating Rainwater Harvesting and Solar Energy into Housing Projects: The Future of Sustainable Living
Real Estate

Integrating Rainwater Harvesting and Solar Energy into Housing Projects: The Future of Sustainable Living

MoHUA senior official emphasizes the need for real estate developers to incorporate rainwater harvesting and solar energy into all housing projects

June 14, 2024
Read Article
Libra Horoscope for September 10, 2024: Real Estate Deals and Financial Wisdom
real estate news

Libra Horoscope for September 10, 2024: Real Estate Deals and Financial Wisdom

Get your daily horoscope for Libra on September 10, 2024. Find out what the stars have in store for you in terms of real estate deals, financial decisions, and career growth.

September 9, 2024
Read Article
Utpal Sheth: The Man Behind the Rs 123 Crore Sea-Facing Apartment Deal
real estate news

Utpal Sheth: The Man Behind the Rs 123 Crore Sea-Facing Apartment Deal

In the bustling real estate market of Mumbai, high-profile property transactions continue to make headlines. One such notable deal involves Utpal Sheth, a prominent business tycoon, who recently acquired a luxurious sea-facing apartment in the city for a

October 20, 2024
Read Article
Diljit Dosanjh's Mumbai Concert Tickets Sell Out Within 50 Seconds
Real Estate Mumbai

Diljit Dosanjh's Mumbai Concert Tickets Sell Out Within 50 Seconds

Following his successful concerts in Delhi, Jaipur, Ahmedabad, and Lucknow, Diljit Dosanjh is all set to perform in Mumbai on December 19 as part of his ongoing tour.

November 23, 2024
Read Article
IT Stocks Drag Down D-St; Sensex Closes Marginally Lower, Nifty Below 15,000
real estate news

IT Stocks Drag Down D-St; Sensex Closes Marginally Lower, Nifty Below 15,000

The Indian stock market saw a mixed day of trading, with IT stocks pulling down the Sensex and Nifty. Despite a marginal decrease, the market maintained a relatively steady course amid global economic uncertainties.

March 12, 2025
Read Article