Latest news with #NCRTC
Hindustan Times
10 hours ago
- Business
- Hindustan Times
Namo Bharat corridor has sent land price soaring in Meerut, says NCRTC
New Delhi, The launch of the Delhi-Ghaziabad-Meerut stretch of the Namo Bharat corridor has sent land prices soaring to up to 67 per cent in select pockets since October 2023, according to National Capital Region Transport Corporation . Namo Bharat corridor has sent land price soaring in Meerut, says NCRTC The corporation which is overseeing the rail project said land rates in areas within a two-kilometre radius of operational Namo Bharat stations have jumped from ₹8,000 - ₹12,000 per square yard to ₹12,000- ₹20,000. The 82-kilometre corridor connecting Delhi to Meerut via Ghaziabad has improved connectivity, positioning Meerut as a growing real estate destination. "When the Namo Bharat project was conceptualised, one of the aims was to enable polycentric development in the National Capital Region . We are also harnessing the potential of Transit-Oriented Development in the region to foster vibrant, liveable communities," NCRTC managing director Shalabh Goel said. The improved connectivity has led to increased demand for plotted developments, mid-rise apartments, and gated communities in Meerut. Increased chances of jobs and education hubs in NCR are also attracting younger professionals and homebuyers. The corporation said that the Meerut Development Authority's 2031 Master Plan has complemented the growth by earmarking 3,273 hectares of land for Transit-Oriented Development. Of this, 2,442 hectares have already been designated into TOD zones and special development areas to be serviced by both the Namo Bharat corridor and the upcoming Meerut Metro. "These areas are being developed as mixed-use hubs, featuring residential, commercial, educational and healthcare facilities within walkable distance from transit stations," NCRTC said in a statement. Pritam Mishra, a senior vice president at Paras Buildtech, said, "Property prices in areas along the Namo Bharat route have appreciated by 35 to 40 per cent, reflecting a structural shift driven by infrastructure-led demand." This article was generated from an automated news agency feed without modifications to text.
News18
10 hours ago
- Business
- News18
Namo Bharat corridor has sent land price soaring in Meerut, says NCRTC
New Delhi, Jul 31 (PTI) The launch of the Delhi-Ghaziabad-Meerut stretch of the Namo Bharat corridor has sent land prices soaring to up to 67 per cent in select pockets since October 2023, according to National Capital Region Transport Corporation (NCRTC). The corporation which is overseeing the rail project said land rates in areas within a two-kilometre radius of operational Namo Bharat stations have jumped from Rs 8,000 – Rs 12,000 per square yard to Rs 12,000- Rs 20,000. The 82-kilometre corridor connecting Delhi to Meerut via Ghaziabad has improved connectivity, positioning Meerut as a growing real estate destination. 'When the Namo Bharat project was conceptualised, one of the aims was to enable polycentric development in the National Capital Region (NCR). We are also harnessing the potential of Transit-Oriented Development (TOD) in the region to foster vibrant, liveable communities," NCRTC managing director Shalabh Goel said. The improved connectivity has led to increased demand for plotted developments, mid-rise apartments, and gated communities in Meerut. Increased chances of jobs and education hubs in NCR are also attracting younger professionals and homebuyers. The corporation said that the Meerut Development Authority's 2031 Master Plan has complemented the growth by earmarking 3,273 hectares of land for Transit-Oriented Development. 'These areas are being developed as mixed-use hubs, featuring residential, commercial, educational and healthcare facilities within walkable distance from transit stations," NCRTC said in a statement. Pritam Mishra, a senior vice president at Paras Buildtech, said, 'Property prices in areas along the Namo Bharat route have appreciated by 35 to 40 per cent, reflecting a structural shift driven by infrastructure-led demand." PTI SHB SHB VN VN view comments First Published: July 31, 2025, 18:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
a day ago
- General
- News18
NCRTC launches Namo Bharat champions initiative to boost commuter engagement
New Delhi, Jul 30 (PTI) The National Capital Region Transport Corporation (NCRTC) has launched a new initiative titled 'Namo Bharat Champions', aimed at fostering continuous improvement in services through active commuter participation, a statement issued on Wednesday said. The commuter engagement programme is based on the principle — 'for the commuters, by the commuters' — and seeks to build a collaborative platform that allows regular feedback and meaningful interaction from Namo Bharat users, the statement said. The NCRTC will under this initiative build a network of interested and like-minded commuters, who voluntarily wish to contribute towards enhancing services and infrastructure across the corridor. These champions will help promote responsible and efficient use of the Namo Bharat system and support its development through constructive suggestions and collaboration, it stated. The recognised Namo Bharat Champions, according to the statement, will also raise awareness about appropriate travel behaviour, available commuter facilities and essential do's and don'ts at stations and on trains. They will be provided with key information about the system along with important contact details for assistance when needed. The programme is also expected to function as a feedback channel to help the NCRTC continuously enhance services and commuter experience. The champions will also get access to exclusive engagement opportunities, including invitations to project launches, events and community meet-ups. The active participants may also be featured on the NCRTC's social media platforms and its official newsletter — Namo Bharat Times. The interested commuters can join the Namo Bharat Champions network by registering via QR codes displayed at stations or through the NCRTC's official website and social media platforms. The members upon registration will receive a welcome message and officially become part of the community, acting as ambassadors for responsible public transport usage, it added. PTI SHB AS AS view comments First Published: July 30, 2025, 19:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
4 days ago
- Business
- Time of India
NCRTC plan: Rail body begins sourcing power via exchange for Ghaziabad station; eyes Rs 1 crore cut in annual energy bill from first drawl point
The National Capital Region Transport Corporation (NCRTC) has started procuring electricity through the power exchange for its Receiving Sub-Station (RSS) in Ghaziabad, in a bid to reduce operational expenses and push green energy adoption. The Ghaziabad RSS serves as the interconnection point between the Namo Bharat corridor and the national power grid. According to an official statement, the initiative marks NCRTC's shift to more cost-effective and cleaner power sources for both train operations and station infrastructure, PTI reported. This move is expected to generate annual savings of around Rs 1 crore from a single drawl point in its first year, NCRTC said. The corporation currently consumes approximately 326 million units of electricity annually, incurring energy costs of nearly Rs 300 crore. Power expenditure accounts for 30–35% of NCRTC's total operational costs. To facilitate this transition, NCRTC has entered into agreements with Power Trading Corporation (PTC India Ltd) and Uttar Pradesh Power Transmission Corporation Limited (UPPTCL). Power purchased via the exchange is expected to be more economical than traditional distribution utility sources, it said. As part of its sustainability goals, NCRTC also aims to procure at least 15% of its annual power requirement from green energy through the exchange model. The initiative is being implemented in phases, beginning with operational segments of the Delhi-Ghaziabad-Meerut corridor. It will later be expanded to other drawl points in Uttar Pradesh and Delhi as more sections become operational. Currently, 55 km of the corridor and 11 stations are in service, with full commissioning slated for later this year. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
5 days ago
- Entertainment
- Time of India
Zone at RRTS station to commemorate Kargil Vijay Diwas
New Delhi: To commemorate the 26th Kargil Vijay Diwas , a memorial zone was inaugurated at New Ashok Nagar Namo Bharat Station on Friday. This zone features the bravehearts who fought in the Kargil War , highlighting their courage and sacrifice in one of India's most challenging military operations in extreme temperatures and terrain. The event was graced by Tripta Thapar and Colonel V.N. Thapar, parents of Kargil martyr Capt. Vijyant Thapar. They shared moving anecdotes from the life and service of their son, offering a deeply personal perspective on his courage and sacrifice. His last letter to his parents, which is available on digital media, also gives a glimpse of his unwavering love and devotion for his country. Speaking on the occasion, Shalabh Goel, MD, NCRTC, said, "On behalf of the NCRTC family, I pay heartfelt tribute to the brave soldiers of the Indian Armed Forces . Through this initiative, we hope every Namo Bharat commuter learns about the significance of Kargil Vijay Diwas, draws inspiration from the valour of our heroes, and carries forward the spirit of patriotism." You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi To engage and educate the younger generation about the significance of Kargil Vijay Diwas, an art assembly was also organised. Students from various schools participated in this event and expressed their tribute to the bravehearts of the nation through drawings. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like After Losing Weight Kevin James Looks Like A Model 33 Bridges Undo These artworks, alongside the Kargil Vijay Diwas gallery, will remain on display at the station for public viewing, free of cost, over the coming days. Besides, a storytelling session by a celebrated author, Rishi Raj, who narrated a story of soldiers' courage at Kargil, also enthralled and inspired the audience. Kargil Vijay Diwas is observed on July 26, marking India's victory in the Kargil War, also known as Operation Vijay. The year 2025 marks the 26th year of this historic victory.
