Real Estate sector to catch up speed with the Aqua Line Metro
The Chief Minister of Uttar Pradesh, Yogi Adityanath inaugurated the much-awaited Aqua Line Metro on Friday. After the operation of this Metro, a strong connectivity between Noida and Greater Noida will be established and will also beneficial for the real estate sector in these areas. Some of the Realty players put forward their views on how the Aqua Line Metro will benefit the real estate sector-
Deepak Kapoor, Director, GulshanHomz said, “The inauguration of the Aqua Line Metro has been a great relief to the homebuyers of the area. With the developers building their projects in areas from Noida Expressway to sectors including 143, 144, 149 and 150, the announcement of the introduction of the Aqua Line Metro has seen boost for the Real Estate Sector in the market. In the coming days, the market will see more developments and upliftment due to the commencement of Aqua Line Metro.”
DhirajJain, Director, Mahagun Group expresses, “Aqua line Metro ended the wait of lakhs of people living around the corridor after the running of metro. It indeed is a great project not only for the residents’ convenience but also for the Real Estate sector which the market is going to experience in the coming days. The inauguration of the Aqua Line Metro will also hike the rates of the units by 20% in the area along with its boost in the sales.”
Starting with Noida-Greater Noida, the Aqua Line Metro project will be beneficial especially for the people residing nearby Noida Expressway and Greater Noida. These areas will be interconnected with good connectivity and people here will be attracted to take home faster. There has been unprecedented development in the past several years around these sectors and there are many options for good homes. After the operation of the Metro, the trend of people will go towards them, which will eventually prove to be beneficial for the real estate sector.
Mr.SagarSaxena, Project Head, Spectrum Metro
“There are many commercial residential projects in all sectors that come under the Aqualine Metro Line. Since the announcement of the Aqua Line Metro, both the developers and investors were anticipated for its inauguration. This is a big day for the realty sector of Noida and Greater Noida, as it offers the largest role of Metro connectivity in the real estate sector’s growth in any area. Now after the expressway, the metro is expected to boost the market at large.” Said Harvinder Singh Sikka, MD, Sikka Group