New Delhi: Faridabad Metropolitan Development Authority (FMDA) is planning to establish a high-speed train corridor that will interlink three major cities around Delhi, namely Noida, Faridabad and Gurugram. While the initial plan is to ply the train between Faridabad and Noida, it will get extended to Gurugram in future.
Once completed, the high-speed train corridor will enable Faridabad residents to travel to Gurugram and Noida in just half an hour. Currently, it takes more than 2 hours to commute between these two cities (by road) as heavy traffic jams are witnessed on the route.
The ambitious high-speed train corridor will not only make commuting between these 3 cities easier for the masses but will also lead to spike in the property rates of nearby areas.
As per the proposed Master Plan 2041, the work on high-speed train corridor may begin along with Green Expressway. As per the proposed plan, the first phase of high-speed train will be built near Green Expressway connecting Jewar in Noida. Later, the route may be altered as per the demography requirement.
Urgent need for robust transport system
Faridabad has fast emerged as a housing destination for those working in Delhi & adjoining NCR. Every day, thousands of office goers & businessmen commute from Faridabad to Noida & Gurugram and vice-versa but there is a dire need for proper & robust public transport.
Currently, traveling to Noida and Gurugram is not only extra time-consuming but also leaves you exhausted. For commuting to Noida, one has to first visit Badarpur border, a bottleneck on the way, and then take public transport to Noida.
Many leading business heads & company honchos have welcomed the prospect of the launch of a high-speed train corridor on the route.
Yash Miglani, Managing Director, Migsun Group said that the high-speed train will significantly cut down the distance as well as travel time between Faridabad and Noida & Gurugram. This will open new avenues of investment and will pave the way for establishment of more commercial centers in Faridabad.
Rajjath Goel, Managing Director, MRG Group said that the proposed high-speed corridor will give the much-needed impetus to poor transport infrastructure. This will enhance Faridabad’s connectivity with Delhi & its satellite towns and will spur more home buyers & businessmen to set up base here. Currently, a lot of home buyers and investors visit Faridabad in hope of investment but then develop cold feet over shabby transport network.
Kushagr Ansal, Director, Ansal Housing said that the high-speed train network will bring unprecedented changes in the area. It will not only ‘energize & excite’ the realty market of Faridabad but will also see many investors making a bee-line for the ‘un-explored’ city, near Delhi. Property markets will see spurt in investment and prices will scale up exponentially.
Amit Modi, Director, County Group said that the proposed high-speed train corridor will lay the foundation for a hassle-free & comfortable journey from Faridabad to Noida & Gurugram and vice-versa. The train network will greatly benefit the residents of Faridabad, creating a big opportunity for the realty market and paving the way for the rapid growth of the city.