Delhi’s Rithala-Narela-Kundli Metro Interconnect Approved

In a major development for Delhi’s transportation sector, the Ministry of Housing and Urban Affairs announced that the proposed Rithala-Narela-Kundli metro route has received approval from the central government. The statement, issued by Raj Niwas, affirms that Delhi Lieutenant Governor V. K. Saxena had been actively engaged in discussions with the Centre regarding this crucial project.

Cost Breakdown and Funding Sources: According to the announcement, the construction of the Rithala-Narela-Kundli metro line is estimated to cost over Rs 62 billion. The Delhi component of the project is expected to amount to Rs 56 billion, while the Haryana portion is projected to cost Rs 5 billion. The national government has pledged to bear over forty percent of the expense for the Delhi component of the project. The Delhi Development Authority (DDA) will contribute Rs 1,000 crore towards the remaining expenses for the Delhi component. Furthermore, it is revealed that 37.5% of the funding will be sourced from bilateral and multilateral loans. The Delhi government is set to provide approximately 20% of the funds required, with the remaining expenses covered by the Haryana government and grants from the national government.

Connectivity and Infrastructural Growth: The newly approved 26.5-km Rithala-Narela-Kundli metro route is set to serve as a vital connector between various areas in Delhi. With a total of 21 stops along the route, this metro line aims to improve the accessibility of Narela, Bawana, and Alipur to the rest of the city. The implementation of this metro route is expected to bring about a significant infrastructural boom in these areas. It will facilitate better commutes, promote economic activities, and provide development opportunities for both residential and commercial real estate markets. Over the course of the next four years, the construction will take place, ensuring timely completion of the project and its subsequent positive impact on the region’s overall connectivity. This stellar investment in transportation infrastructure will undoubtedly enhance the quality of life for residents and contribute to the continued growth and development of Delhi. It is now up to the authorities to ensure efficient execution and diligent monitoring, aiming to reap maximum benefits from this crucial metro expansion project.

Aayush Kukreja Apart from being a literature student and a theatre practitioner, Aayush is a daydreamer! He loves poetry and just as a poet should be, he’s witty, opinionated and completely clueless about life. Reach out to him anytime for some good old sher-o-shayari. Here, he writes about the quirkiest and the most interesting of things. To the rhythm of life and words, cheers!
  • Super Quick & Easy
  • Stamped & E-Signed
  • Delivered Directly in Mailbox

Exploring Options for Buying or Renting Property

Looking to buy or rent property
Contact Our Real Estate Experts