Metro Boosts Faridabad Realty | Ballabgarh to Palwal Metro Expansion | Fuels Upbeat Real Estate Outlook
Ballabgarh to Palwal Metro Expansion | Fuels Upbeat Real Estate Outlook | Metro Boosts Faridabad Realty With the formal announcement of the start of the metro expansion work from Ballabgarh to Palwal, the real estate market in Faridabad is humming with excitement. According to Sanjeev Kaushal, chief secretary of Haryana and chairman of the Haryana Mass Rapid Transport Corporation (HMRTC), the expansion project, which spans over 25 km, has begun with the awarding of the Techno Feasibility Study contract to M/s RITES. The managing director of Omaxe Group and another important participant, Mohit Goel, emphasised the advantages of connecting Ballabgarh and Palwal with a metro extension. The increased ease of travelling between these places and Faridabad is anticipated to draw new homebuyers and investors, strengthening the residential and commercial real estate markets. This much anticipated initiative has received encouraging feedback from a number of business titans. The president o...