The much-anticipated, Delhi Metro's Blue Line expansion from Noida City Centre to Noida Sector 62 is relied upon to be ready by December this year, as reported by Moneycontrol.
The Noida Sector 34 to Electronic City elevated passage is about 6.8-km long. It contains six stations - Sector 34, Sector 52, Sector 59, Sector 61, Sector 62 and Electronic City. The stations will be on the central verge, and the alignment will run close to NH–24. The last station, Electronic City, is located at the Noida-Ghaziabad border.
The contractor for the corridor is CICO-YFC JV, an Indo-Chinese joint endeavour. The union cabinet cleared the extension of the Blue Line in May this year. The corridor is being constructed at an estimated cost of Rs 1,900 crore. The deadline for the fulfilment of the undertaking was initially September 2018.
Real estate experts say that property prices of projects located along the stretch (both residential and commercial) are unlikely to get impacted due to the operationalisation of the Blue Line as price appreciation has already been factored in.
Besides, Sector 62 is an established and exhausted commercial corridor, so commercial leasing may not get impacted. What will happen though is that the operationalisation of the corridor will reduce travel time for people commuting from Delhi to Noida Sector 62, facilitate ease of commute and improve connectivity.
Consumers travelling from Delhi to Sector 32 Noida City Centre station via the Blue Line will have to wait to hop on directly onto the Aqua Line as the Blue Line extension up to Sector 52 is not yet operational.
The walkway proposed to come up in Sector 71 will also take some time. "Once the sector 52 station is operational, they may have to walk 100 m through a walkaway to be developed by NMRC to reach Sector 71 and take the Aqua Line", claimed the report.
The construction of the skywalk planned between Sector 71 and Sector 52 stations of the Aqua and the Blue line will take time as the skywalk has been planned to keep in mind the design of a commercial complex to be developed on the land between the two metro stations. The land hasn't been auctioned as yet.
The newly-laid 29.8-km Aqua Line connecting Greater Noida to Noida that has 21 stations and is most likely to be operational by November this year, claimed the report.