Real estate markets get a boost through Mundka-Bahadurgarh Metro network

The Bahadurgarh Metro network should be ready in the future once the construction work has been finished for this route. The DMRC (Delhi Metro Rail Corporation) is now looking for the approval from the CMRS (Commissioner of Metro Rail Safety) for opening up this network really soon. The area will soon be linked to Mundka once the metro network is operational. Mundka is already linked to other zones like Dilshad Garden, Rohini, ISBT and Kashmere Gate via a single interchange.

The Bahadurgarh to Mundka metro line will have a total of 7 stations and 4 of these will be located in the National Capital, namely Ghevra, MIE (Mundka Industrial Area), Tikri Border and Tikri Kalan. There are three other stations in Haryana which are the Bus Stand, Modern Industrial Estate and City Park. Metro connectivity between Mundka and Bahadurgarh was first confirmed in the year 2013. There was immense speculation in the real estate market due to this development. Real estate developers snapped up major land parcels in Bahadurgarh for tapping into this development. Several buyers in projects here belong to the mid-range segment in Bahadurgarh.

The project was stalled previously when funds were blocked by the Ministry of Urban Development and also due to the project digressing from the originally proposed plan. The completion date was initially supposed to be December 2016 but this was pushed back to June 2017. Unavailability of land is still a teething problem near Haryana’s MIE station. Otherwise, the project is going ahead as per schedule. The current Inderlok-Mundka network depot will now be used for train maintenance.

However, the anticipated opening of the metro line will certainly boost real estate in Bahadurgarh. The prices of property are still quite affordable here as compared to several other realty markets in and around the National Capital Region (NCR). There are good prospects for earning handsome returns in the future.

There are several well-known real estate developers who will be developing premium residential projects in this area and affordable housing projects in the locality are expected to boost overall infrastructure development in the near future. The city will soon be transformed hugely courtesy the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) and Haryana’s sectors like Sector 16 and 17 will benefit since they will become complete industrial zones and a footwear park will also be located here. As per the Haryana Government’s roadmap, the residential sectors will be 2, 1, 3, 4A, 3B, 3A, 9A, 19, 15, 11, 14, 13 and 28A among others.