The Gurugram Metro Rail Limited (GMRL), which is constructing Phase One of the metro project, has sought about 40,254.2 square metres of land from Haryana Shehri Vikas Pradhikaran (HSVP) for station infrastructure and commercial development, officials said.
“It is kindly requested to transfer the aforesaid HSVP land measuring approx. “We are soon going to hold a stakeholders meeting with developers, industries and corporates to work out linkages that can benefit both the sides. 40254.2 sqm to GMRL on permanent basis, in order to facilitate timely execution of the Priority-1 Corridor of the Gurugram Metro Project,” a GMRL letter to HSVP said last month.
A senior GMRL official said the land was being sought for business development to ensure the financial viability of Gurugram metro. Apart from fare revenue, it is important to support the project through commercial development,” he said.
Last September, D Thara, chairperson, GMRL, had also written to the Haryana government seeking land parcels for commercial development. “I would like to request your kind support in allocating suitable land parcels along the metro corridor for property development and commercial utilisation. This will not only support the project’s financial health but also contribute significantly to urban regeneration and increased economic activity along the corridor. Additionally, it is requested that reasonable share in the Transit-Oriented Development (TOD) benefits-arising from increased land value and development potential along the metro alignment-be allocated to GMRL,” the GMRL chairperson wrote.
A senior HSVP official said the authority was working on transferring land for metro construction. “As far as land for business development is concerned, the decision will be taken by higher authorities in Chandigarh,” he said.
