How will Gurgaon Metro impact the real estate market in NCR?

The project will be developed at an estimated Rs 5,452 crore.

The Union Cabinet, on June 7, 2023, approved the extension of the metro network from Delhi Metro’s HUDA City Centre (Millenium City Centre) to Cyber City in Gurgaon. The main corridor, from HUDA City Centre (Millenium City Centre) to Cyber City, will cover 26.65 kilometre (km) and have 26 stations, while the spur or extension would connect from Basai Village to Dwarka Expressway, a 1.85-km with one station, according to an official statement.

The upcoming metro project will ease connectivity between Delhi and Gurgaon, providing faster access to major employment hubs and commercial destinations. Moreover, Gurgaon Metro project is expected to boost real estate developments in the region, creating more demand for properties, leading to potential increase in the prices.

The Gurugram Metropolitan Development Authority (GMDA) will begin the construction work on the 28-kilometre (km) Gurgaon Metro from Huda City Centre within a month. Haryana chief minister Manohar Lal Khattar announced this on May 31, 2023 during a comprehensive review of development projects worth Rs 37,927 crore across the state, including several key initiatives in Gurgaon and Faridabad.

Khattar emphasised the transformative impact of development projects and said over Rs 2,000 crore has been earmarked for development endeavours in Gurgaon and Faridabad. He further asked officials to expedite construction work on ongoing projects and ensure continuous monitoring, according to a statement by the state government.

He also highlighted the accelerated progress of metro connectivity between Rezang La Chowk and Sector 21 in Dwarka, and the regional rapid rail links from Delhi to Behrore and Delhi to Panipat.

In February 2023, the chief minister had announced that work on the Gurgaon metro project would commence in this financial year, as it is expected to receive approval from the Union cabinet soon.

The Gurgaon Metro project had been delayed for nearly five years owing to successive changes in project plans.

Prime Minister Narendra Modi will lay the foundation stone for the new metro corridor to Old Gurgaon on February 16, 2024, according to media reports. As cited in an Economic Times report, Deputy Commissioner Gurgaon, Nishant Kumar Yadav, has said that the Haryana Government has formed the Haryana Metro Rail Corporation (HMRC) on the lines of the Delhi Metro Rail Corporation (DMRC).

 

HMRTC plans to finalise Gurgaon Metro’s Palam Vihar-Dwarka project

August 2, 2024: The Haryana Mass Rapid Transport Corporation (HMRTC) has started working on plans to finalise the alignment of the Gurgaon Metro’s Palam Vihar to Dwarka extension project, senior officials said as cited in a Hindustan Times reports. The metro project, which saw a significant delay, will connect Palam Vihar in Gurgaon to Dwarka’s Sector 21 and will include an interchange with the Gurgaon Metro corridor at the Palam Vihar station, an interchange at the IECC station of the Delhi Metro’s Airport Express line and another interchange at the Dwarka Sector 21 Metro Station. The alignment and location of the final station is yet to be decided.

 

How will Gurgaon Metro benefit commuters?

The Gurgaon Metro aims to provide connectivity between Delhi and Gurgaon. This will benefit thousands of commuters, majority of them being working professionals, in accessing key localities. The vital link from Millenium City Centre and Cyber City, spanning around 28 kilometre, will provide them with direct connectivity to bustling business hubs in Gurgaon through strategically-located metro stations.

 

What is the real estate impact of Gurgaon Metro?

The upcoming Gurgaon Metro will significantly boost connectivity in the region, especially in the areas such as Sector 4, Palam Vihar, Sector 9, Gurgaon, Ashok Vihar, etc. The metro corridor will ease access to key employment hubs and residential areas in Gurgaon. This will result in increased demand for residential and commercial properties in these areas. Several new projects are coming up in these localities. With the development of the infrastructure project, property prices in these locations are expected to increase.

 

Gurgaon Metro: Quick facts

Metro Line Gurgaon Metro
Status To be inaugurated
Number of stations 27
Length 28.5 km
Project executed by Haryana Mass Rapid Transport Corporation Limited (HMRTC)
Termini Millenium City Centre

Cyber City

 

Gurgaon Metro project construction details

The proposed Gurgaon Metro project will cover 28.5 km, comprising 27 elevated metro stations, with a section from Basai village to Dwarka Expressway. The project will be developed at an estimated Rs 5,452 crore.

The Haryana Mass Rapid Transport Corporation Limited (HMRTC) is the implementing agency for the project, which is expected to be completed in four years from the date of sanction.

According to the tender document, the main metro line from Huda City Centre to CyberHub, passing through Subash Chowk, Hero Honda Chowk and Palam Vihar, will cover 26.65 km, while the section from Basai to Dwarka Expressway will be 1.85 km.

The Haryana government also proposed the construction of a metro link from Palam Vihar to Dwarka Sector 21, for facilitating connectivity between the proposed Gurgaon Metro and the Blue Line of the Delhi Metro in Dwarka.

 

Gurgaon Metro route

The corridor will have connectivity with the depot, and it will connect Old Gurgaon with New Gurgaon, along with a link to the Indian Railways. The next phase will connect the network with the Indira Gandhi International Airport in Delhi.

Interchange

The Gurgaon Rapid Metro Line will connect with the HUDA City Centre-Cyber City Metro Line at Cyber Hub. The HUDA City Centre will be connected with the Delhi Metro’s Yellow Line.

 

Gurgaon Metro cost break up

  • Central Government share: Rs 896.19 crore
  • Haryana Government share: Rs 1,432.49 crore
  • HUDA share: Rs 300 crore
  • Pass-through Assistance – Loan component: Rs 2,688.57 crore
  • PPP (Lift and escalator): Rs 135.47 crore

 

Gurgaon Metro Stations list

Sector 45
Cyber Park
Sector 46
Sector 47
Sector 48
Technology Park
Udyog Vihar Phase 6
Sector 10
Sector 37
Basai
Sector 9
Sector 7
Sector 4
Sector 5
Ashok Vihar
Sector 3
Krishna Chowk
Palam Vihar Extension
Palam Vihar
Sector 23 A
Sector 22
Udyog Vihar Phase 4
CyberHub

 

Gurgaon Metro route map

Gurgaon Metro: Stations, route and latest updates

 

Gurgaon Metro: Estimated daily ridership

  • 5.34 lakh by 2026
  • 7.26 lakh by 2031
  • 8.81 lakh by 2041
  • 10.70 lakh by 2051

 

Gurgaon Metro: Connectivity with Delhi-Dharuhera RRTS

The proposed Delhi-Gurgaon-Dharuhera rapid rail transit system (RRTS) corridor will have an underground station at Hero Honda Chowk in Gurgaon, connecting with the new Gurgaon Metro to be developed. The National Capital Region Transport Corporation (NCRTC) added the link to the proposed route after the new Gurgaon Metro line was approved. The RRTS station will be constructed at Sector 33. The interchange facility between the RRTS and Gurgaon Metro will provide convenience for the commuters.

 

FAQ

Is Gurgaon Metro connected to Delhi Metro?

The Rapid Metro in Gurgaon, a light metro rail system, serves as a feeder link and connects the Delhi Metro Network with an interchange at Sikanderpur metro station on the Yellow Line.

What is the new project of Gurgaon Metro?

The new metro project in Gurgaon will connect Millenium City Centre to Cyber City in Old Gurgaon.

Who built Rapid Metro Gurgaon?

The Rapid Metro Gurgaon Limited (RMGL) has developed and operates the Rapid Metro network in the city.

When was Gurgaon Metro started?

The Rapid Metro line in Gurgaon from Delhi Metro's Sikanderpur Station (Yellow Line) with DLF Cybercity business district was opened on November 14, 2013.

What is the status of Gurgaon Metro?

The new metro corridor in Old Gurgaon will be inaugurated on February 16, 2024 by Prime Minister Narendra Modi.

Who owns Gurgaon Metro?

The Gurgaon Metro is owned and managed by the Gurugram Metro Rail Limited (GMRL).

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com
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