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New Metro Line from Sikandarpur to Sector 56-57 takes off, realty to get new scope

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As per the sources available with www.propertykhazana.com, the Haryana Government has confirmed the new Metro Line from Sikandarpur to Sector 56-57 Gurgaon. This new line is almost 7 Kms long which links the Delhi Central Secretariat-Gurgaon at Sikandarpur and it is anticipated to have 9 stations. S.S. Dhillon the principal Secretary and Financial Commissioner of Town and Country Planning said that, “We have assessed the possibility of the venture and are in the final phase of issuing tender notices for the venture.” This venture will be the 2nd private Metro project in the state and it is looping 6.1 km from Sikandarpur to Delhi Metro Line and already is under construction. This venture has been taken by the Rapid Metro Gurgaon Ltd. (RMGL) and the contractor is planning to construct 6 stations on this at DLF Phase 2 & 3, Belvedere Tower, Gateway Tower and Mall of India and it will start from first quarter of 2013.
Speaking to the sources and www.propertykhazana.com Dhillon said that since the Sikandarpur-Sector 56 widening is expected to draw a large number of passengers, HUDA is also expecting the returns by tendering out the work to the private company. He also said that “For the first venture HUDA and RMGL Ltd had signed a contract in 2008 to share the income. Other than Rs. 5 Crores, where the group paid HUDA it has to pay Rs. 40 Crores for each year from the 17th year onwards till the 36th year as the connectivity charges. HUDA is estimating to collect better payment from the new project in the form of connectivity charges. HUDA office had been asked to give free from burden area for building the high line which is required less than 2 acres.
Source: NIMMA BENGALURU

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