Union Cabinet Approval for Gurgaon Metro Boosts Real Estate Sector
RAILWAYS & METRO RAIL

Union Cabinet Approval for Gurgaon Metro Boosts Real Estate Sector

Industry experts believe that the Union Cabinet's approval for metro connectivity between HUDA City Centre and Cyber City in Gurgaon will have a positive impact on the region's real estate sector. The approved project entails a 28.50 km line with 27 stations, and it is estimated to cost Rs 54.52 billion.

Pradeep Aggarwal, Founder & Chairman of Signature Global (India), emphasized the significance of this development for the real estate sector around the Dwarka Expressway and New Gurgaon. He stated that the metro connectivity would provide a substantial boost to the area's infrastructure, creating investment opportunities and generating employment.

The project is scheduled to be completed within four years from the date of sanction, and it will be executed by the Harayana Mass Rapid Transport Corporation Limited (HMRTC), which will be established as a 50:50 Special Purpose Vehicle (SPV) of the Government of India and Government of Haryana.

According to Mohit Jain, Managing Director of Krisumi Corporation, the Central Peripheral Road along Dwarka Expressway has experienced remarkable growth in recent years. With the completion of the expressway approaching and the announcement of metro connectivity, the demand for residential properties is expected to surge among both end users and investors.

The improved connectivity and integration resulting from the metro project will benefit not only commuters in Gurugram and Dwarka but also enhance investment opportunities in the growing areas near Dwarka Expressway. This is likely to increase the region's appeal to homebuyers and companies alike.

Vivek Singhal, CEO of Smartworld Developers, highlighted the potential for infrastructure development and new avenues for real estate investment that will arise from these developments. He described it as an exciting time for those interested in the real estate market.

Ravish Kapoor, Managing Director of Elan, emphasized that with the nearing completion of Dwarka Expressway, the additional metro connectivity positions it as the most promising micro market in Gurugram. This is expected to attract homebuyers and investors looking for a vibrant and well-connected community.

The metro line, with its 27 elevated stations, will improve operational efficiency and alleviate congestion. It will bridge both old and new areas, fostering connectivity and development.

Santosh Agarwal, Executive Director and CFO of Alpha Corp, highlighted the line's connection to the Indian Railway network and plans for integration with the IGI airport. He emphasized that this would enhance convenience and connectivity, ensuring efficient transportation and boosting the potential of areas like Dwarka Expressway, which have a mix of residential and commercial setups.

Dwarka Expressway already boasts significant projects and development, and the arrival of the metro is expected to further invigorate the entire area, propelling Gurugram to new levels of success and prosperity, as stated by Gaurav Bhalla, Managing Director of Vatika Group.



Industry experts believe that the Union Cabinet's approval for metro connectivity between HUDA City Centre and Cyber City in Gurgaon will have a positive impact on the region's real estate sector. The approved project entails a 28.50 km line with 27 stations, and it is estimated to cost Rs 54.52 billion.Pradeep Aggarwal, Founder & Chairman of Signature Global (India), emphasized the significance of this development for the real estate sector around the Dwarka Expressway and New Gurgaon. He stated that the metro connectivity would provide a substantial boost to the area's infrastructure, creating investment opportunities and generating employment.The project is scheduled to be completed within four years from the date of sanction, and it will be executed by the Harayana Mass Rapid Transport Corporation Limited (HMRTC), which will be established as a 50:50 Special Purpose Vehicle (SPV) of the Government of India and Government of Haryana.According to Mohit Jain, Managing Director of Krisumi Corporation, the Central Peripheral Road along Dwarka Expressway has experienced remarkable growth in recent years. With the completion of the expressway approaching and the announcement of metro connectivity, the demand for residential properties is expected to surge among both end users and investors.The improved connectivity and integration resulting from the metro project will benefit not only commuters in Gurugram and Dwarka but also enhance investment opportunities in the growing areas near Dwarka Expressway. This is likely to increase the region's appeal to homebuyers and companies alike.Vivek Singhal, CEO of Smartworld Developers, highlighted the potential for infrastructure development and new avenues for real estate investment that will arise from these developments. He described it as an exciting time for those interested in the real estate market.Ravish Kapoor, Managing Director of Elan, emphasized that with the nearing completion of Dwarka Expressway, the additional metro connectivity positions it as the most promising micro market in Gurugram. This is expected to attract homebuyers and investors looking for a vibrant and well-connected community.The metro line, with its 27 elevated stations, will improve operational efficiency and alleviate congestion. It will bridge both old and new areas, fostering connectivity and development.Santosh Agarwal, Executive Director and CFO of Alpha Corp, highlighted the line's connection to the Indian Railway network and plans for integration with the IGI airport. He emphasized that this would enhance convenience and connectivity, ensuring efficient transportation and boosting the potential of areas like Dwarka Expressway, which have a mix of residential and commercial setups.Dwarka Expressway already boasts significant projects and development, and the arrival of the metro is expected to further invigorate the entire area, propelling Gurugram to new levels of success and prosperity, as stated by Gaurav Bhalla, Managing Director of Vatika Group. 

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?