Vaishali-Mohan Nagar Metro Extension Nod a booster for realty

The approval to the DMRC’s  Detailed Project Report of   Vaishali-
Mohan Nagar Metro Extension by the Ghaziabad Development
Authority(GDA)  has paved the way for  further improving the connectivity of Ghaziabad with Delhi , a clear booster to real estate in the region.

The nod by the GDA  has cleared the decks for extending the already operational Anand Vihar – Vaishali route to Mohan Nagar. This extension of DMRC’s Blue Line will provide Ghaziabad commuters with a direct connection to Central Delhi. The commuters from Ghaziabad/Sahibabad can also take the Blue Line at the Mohan Nagar interchange. Since the metro extension link  will be constructed in the median of the link road( Mohan Nagar to Anand Vihar), there may not be need for acquiring private land, thereby ensuring that the extended metro link not only  gets operationalized faster but is
cost- effective as well.

Says Pradeep Aggarwal, Chairman, Assocham National Council on Real Estate, Housing & Urban Development and Founder & Chairman, Signature Global, ” This is a welcome development. This will further improve Ghaziabad’s connectivity with Delhi and other parts of NCR. And as Ghaziabad has emerged as a major destination for affordable housing in the NCR, the Vaishali- Mohan Nagar metro extension will  further serve
to boost   affordable housing in Ghaziabad”.

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