The Central government’s nod to the Orbital Rail Corridor will open new vistas of real estate development in NCR Haryana.
This 121 km long orbital rail corridor will have alignment adjacent to KMP Eway. The two km area along the Eway has been marked for industrial and infrastructure development under 2031 masterplan. The rail line will start from Palwal and end at the existing Haryana Kalan station on Delhi- Ambala Section. It will have connectivity with all the existing rail routes in Haryana Delhi- Rewari, Delhi- Rohtak routes. To be implemented by Haryana Rail Infrastructure Development Corporation Limited( HRIDC), the Rs 5617 crore project will be made operational by 2025. It will directly benefit districts of Gurgaon, Jhajjar, Sonipat, Palwal, Nuh. Residents or working professionals of these areas will now have Signature Global residential and commercial projects in their reach. The property here will get a boost and offer a better lifestyle.
Says Mr. Pradeep Aggarwal , Founder & Chairman, Signature Global Group & Chairman, Assocham National Council on Real Estate, Housing & Urban Development, “The development of multi- modal logistics hubs and seamless connectivity to Dedicated Freight Corridor will boost industrial development. Along with KMP Eway, Orbital Rail will provide connectivity boost to real estate development in Haryana NCR. The favourable investment climate created by Orbital Rail will specially benefit Gurgaon, Faridabad, Sonipat, Panipat, Karnal Realty.