Locations Near RRTS Will See More Property Developments

New Delhi: The National Capital Region Transport Corporation (NCRTC), which is responsible for developing the Regional Rapid Transit System (RRTS), has invited bids to set up a project management team for property development along the Delhi-Ghaziabad-Meerut Namo Bharat corridor. This initiative aims to make good use of available land, create additional sources of income beyond ticket fares and build commercial, residential and service hubs near Namo Bharat stations.

An NCRTC official explained, “Our goal is to transform these stations from being just stops for travellers into thriving commercial centres that will support long-term economic growth.”

The land around the stations will be developed into a variety of facilities to serve both passengers and the wider community. Plans include shopping centres, entertainment hubs with dining options, offices with integrated parking, rental housing, studio apartments, hospitals and even green parks. These areas will offer a mix of housing, business, institutional and recreational services that will improve the urban environment of the location.

Locations Identified for Development

NCRTC has identified several large plots of land for development in key locations along the corridor. The plots are located in Ghaziabad, Duhai Depot, Bhaisali (Meerut) and Modipuram Depot. The Ghaziabad site covers 2.4 hectares while the land in Duhai Depot, Bhaisali and Modipuram spreads around 31 hectares, 9.7 hectares and 31 hectares.

In addition to these large sites there are smaller parcels of land that have been identified for development in a number of locations which will include Sarai Kale Khan, New Ashok Nagar, Anand Vihar, Guldhar, Duhai, Muradnagar, Modinagar South, Modinagar North, Meerut South, Shatabdi Nagar and Modipuram. These smaller plots cover approximately 16 hectares if taken together.

According to the official, “These well-placed sites will be turned into lively urban areas that will not only improve transport services and connection but also boost economic activity along the corridor.”

Transit-Oriented Development (TOD) Approach

According to NCRTC, the ideas of transit-oriented development (TOD) will guide this property development project. This strategy concentrates on building mixed-use, high-density areas around main transportation centres. Walking distance of stations allows TOD to promote the development of residential, business and leisure facilities, therefore facilitating the access to necessary services free from depending on personal automobiles.

Following TOD rules would help NCRTC produce more sustainable, well-connected, liveable urban areas that lower traffic congestion and encourage public transit. Many different cities all throughout the world have already effectively applied this strategy to raise the standard of urban living.

Recognition for Sustainable Planning

The NCRTC official further noted that this project has gotten national as well as international appreciation. The World Bank has named NCRTC’s TOD approach as a worldwide top practice in sustainable urban design. This emphasises the advantages well-planned property development near transit hubs provides to cities and their people as well as their relevance.

“This project will not only improve travel convenience but also help to boost economic growth by generating job opportunities and new business centres,” the official said.

Why This Development Matters

The property development around RRTS stations is expected to bring several long-term benefits, including:

– Better Public Locations: The new developments will make areas around the stations that are more attractive and good for pedestrians.

– More Job Opportunities: Offices, shops and entertainment centres will create employment for thousands of people.

– Improved Transport Connectivity: The development will attract more people to use public transport which will reduce traffic congestion and pollution.

New Housing Options: Luxurious housing and modern apartments will provide convenient accommodation for those working or commuting in these areas.
Increased Economic Activity: Shops, restaurants and entertainment centres will also attract investment and commercial activities which will boost the local economy.

Conclusion

The NCRTC’s proposed development of property near Namo Bharat stations will improve the urban scene, generate business possibilities and advance environmentally friendly transportation. This project would help passengers as well as the larger society by turning station areas into vibrant business and residential centres.

Strategic planning, contemporary infrastructure and sustainability emphasis help this project to establish a new benchmark for Indian urban development. Now open for interested companies to help to oversee this ambitious development agenda is the bidding procedure.