As per the sources available to www.propertykhazana.com, Indian Realty icon DLF is now on the board on its ambitious plans to develop confidential metro ventures in Delhi, Mumbai, Hyderabad and in Bangalore. The MR venture is likely to complete the ventures at Delhi and Gurgaon and the company is looking ahead to connect its mega town ‘DLF Cyber City’ with the same one. The international consulting organization RITES have been handed over with the duty for working out with the venture viability and research by DLF.
According to www.propertykhazana.com reports, the Vice Chairman of the DLF Rajeev Singh said that “the MR is a possible resolution to relieve out the public transport system in a fast and suitable way. The company is pretty fanatical to give such amenities to the inhabitants of its colonies”. As per the estimation the production cost of an elevated Metro lines comes close to Rs. 100 Crores and that is why most of them depends on the product of the RITES investigate study.
At the other end the Urban Development Ministry is finding out that whether such supplies for confidentially functioning the metro ventures will survive in the Metro Act or not. But still the official sources pointed that the essential modification can be initiated in the Act by the Ministry if in case the need arises in the venture. Meantime, the company has also employed the director for projects and planning of Delhi Metro Rail Corporation (DMRC) CBK Rao.
Source: NIMMA BENGALURU
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