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1 Day To Go: Eager Wait For Ride In Metro
1 Day To Go: Eager Wait For Ride In Metro

Time of India

time2 days ago

  • Business
  • Time of India

1 Day To Go: Eager Wait For Ride In Metro

Indore: Excitement is palpable for the virtual inauguration of the Indore Metro on May 31 by Prime Minister Narendra Modi. Residents are keenly awaiting the expansion of its commercial operations beyond the initial 6-km 'Super Priority Corridor. ' The current stretch, running from Gandhi Nagar Station to Super Corridor Station-3, is seen as a welcome first step. However, commuters and real estate stakeholders are looking forward to the metro extending to the 17.5-km 'Priority Corridor' that will connect Gandhi Nagar Square with Radisson Square. Deepika Shukla, a resident of Sukhliya and a student at DAVV's Takshila Campus, expressed the prevailing sentiment, "All the available modes of transportation are time-consuming, and using our own vehicles is frustrating due to jams and slow traffic. The Metro will definitely give respite from all these issues once it is operational beyond Super Corridor." Employees of IT giants located on the Super Corridor, wishing anonymity, are equally thrilled about the Metro's imminent start. "Before the Metro Train project, this entire area used to be very deserted, but we are now expecting this road to flourish like Bhopal's VIP Road and Bhopal's Marine Drive," they remarked. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo The anticipation surrounding the metro has already had a significant impact on property rates along its routes. According to property broker Suraj Dharmik, the Super Corridor initially attracted IT behemoths like TCS and Infosys, followed by numerous residential colonies. However, the arrival of the Metro Train project triggered a rapid surge in property values. "The Metro Train, which also has its depot at Super Corridor, is first starting its operations on this route only," Dharmik said. He noted that property rates in residential colonies on Super Corridor, which once ranged from Rs 2,000-Rs 3,000 per square foot, have now soared to Rs 7,000-Rs 8,500 per square foot in just the last 2-3 years. Anup Nigam, another property broker, echoed this sentiment. "I used to work for property dealing at Bypass and Khandwa Road, where despite all the connectivity and much more development, the property rates are not as high as they are on Super Corridor, and the biggest credit for this goes to Metro Train here," he said. While excitement is high, some residents voice concerns about the initial limited operational stretch. Vedant Chouhan, a resident of MR-10 Square, acknowledged the challenges faced during construction. "We faced all the troubles in the last 3-4 years during the construction of the Metro elevated corridor to welcome and enjoy this new mode of transportation," he said. "However, it doesn't seem the train's commercial operation will extend till Radisson Square soon. " The initial 6-km phase runs from Gandhi Nagar Station (approximately half a kilometre from Gandhi Nagar Square) to Super Corridor Station-3 (about 5.5 km from Luvkush Square). This poses a connectivity challenge for many, as there is currently limited public transportation like AICTSL buses or e-rickshaws operating directly on the Super Corridor to reach these stations. Senior MPMRCL officials have hinted that the commercial operation of the Indore Metro in the 17.5-km 'Priority Corridor' is expected by the end of this calendar year.

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