Metro Expansion In Gurugram Set To Boost Connectivity And Property Values

The construction of the Gurugram Metro extension will begin on May 1 under the leadership of Haryana Chief Minister Naib Singh Saini. With a budget of Rs5,452.72 crore and 27 planned stations, the project is poised to revolutionise connectivity and drive real estate growth

Mumbai: Enthusiasm and optimism is clearly visible in the real estate community due to media report that the construction work of Metro extension between Millennium City Center to Railway Station, Sector-22 and Cyber City will start from May 1 by Haryana Chief Minister Naib Singh Saini.

This unprecedented infrastructure project is set to revolutionise the local property market, giving stakeholders plenty of opportunities for growth and prosperity.

At the same time, this decision by Haryana Chief Minister Naib Singh Saini is a big leap in urban development. With better connectivity and well-organised transportation, Gurugram is emerging as a major destination for real estate investment. This initiative not only enhances the quality of life of the residents but also underlines the government's commitment to infrastructure development. We expect a surge in demand for properties near the metro route, which presents attractive opportunities for development and investment. This project is perfectly aligned with our vision of creating vibrant, accessible communities that cater to modern lifestyles.

Sudeep Bhatt, Director-Strategy, Whiteland Corporation, said, “We welcome the decision of Hon’ble Chief Minister Shree Nayab Singh Saini ji to commence the Gurugram Metro extension construction. Gurugram, as part of the National Capital Region (NCR), has rapidly emerged as a prominent real estate hub.

Efficient and convenient transport options, such as the Metro system, play a pivotal role in driving real estate growth. The Metro extension is expected to boost the Gurugram real estate market, particularly in areas like Dwarka Expressway, SPR and New Gurugram, with anticipated increases in property values. We commend the Haryana Government’s efforts, as infrastructure development is critical to the nation’s economic growth.

It is known that a total of Rs5,452.72 crore will be spent on this project. The central government will spend Rs896.19 crore and the Haryana government will spend Rs4,556.53 crore on this project. The detailed project report of the metro rail running between Millennium City to Cyber City Gurugram has been approved by the Haryana government and the central government and the foundation stone of this project was laid by Prime Minister Narendra Modi in Rewari on February 16, 2024.

Harinder Dhillon, Senior Vice President of Sales at BPTP said, "The Gurugram metro expansion is a game-changer for the city’s real estate landscape. Improved connectivity will significantly boost demand for residential and commercial properties along the metro corridor. We anticipate increased investor confidence and higher property values, particularly on Dwarka Expressway, SPR and New Gurugram region. This project aligns with Gurugram’s rapid urbanisation and will enhance livability, making the city an even more attractive destination for homebuyers and businesses."

The metro line will have 27 stations, including Millennium City Centre, Sector-45, Cyber Park, Sector-47, Subhash Chowk, Sector-48, Hero Honda Chowk, Sector-72A, Hero Honda Chowk, Udyog Vihar Phase-6, Sector-10, Sector-37, Basai Village, Sector-9, Sector-7, Sector-4, Sector-5, Ashok Vihar, Sector-3, Bajghera Road, Palam Vihar extension, Palam Vihar, Sector-23A, Sector-22, Udyog Vihar Phase-4, Udyog Vihar Phase-5 and Cyber City.

Ashish Sharma, AVP Operations, Brahma Group, said, “The upcoming expansion of the Gurugram Metro is a transformative step that will redefine connectivity across the city. By linking key hubs like Millennium City Center, Sector-22, Cyber City, and the railway station, this 28.5 km corridor with 27 stations will significantly reduce travel time and enhance accessibility for residents and businesses alike. Moreover, this development is a game-changer as improved connectivity invariably drives demand for premium office spaces, retail outlets, and mixed-use developments along the metro route.”

This project underscores Gurugram’s evolution into a truly global city, and we are excited to align our projects with this vision, creating vibrant commercial properties that cater to the city’s growing aspirations.

Under this project, tenders will be invited by January 31 to prepare the depot and appoint consultants for the first civil package (from Millennium City Centre to Sector-9 and Sector-101 Dwarka, total length about 13 km).

Manish Jaiswal, Group COO, Eldeco Group, said, “This visionary step reflects the government’s commitment to strengthening the city’s infrastructure and connectivity. The proximity of Sector 80 to key junctions like Hero Honda Chowk ensures metro connectivity and also enhances accessibility via NH-8 and public transport. The metro expansion will not only ease urban commute but also unlock immense opportunities for real estate development in surrounding areas. It is a transformative move that will enhance Gurugram’s appeal as a global business hub while significantly improving the quality of life for its residents.”

This project holds the potential to catalyse economic growth, attract investment, and shape Gurugram into a model smart city, setting benchmarks for other urban centers to follow.