The Rapid Metro in Gurgaon has come as a boon for the residents of MG Road, DLF Phase II and III. It has extended its benefit to every class of people residing in the city. It will also add a new angle to the commercial properties in the Cyber City.

According to a survey, since the construction of Rapid Metro, the residential properties in the area seen a price rise from 40 pc to 90 pc. The price of a tower near the Rapid Metro has witnessed a rise of Rs 7,000 per sq ft to Rs 13, 500 per sq ft at present. Other projects near the Rapid Metro has seen similar rise in prices.

Similarly, the rental activities in the DLF Cyber City had raised around 50 pc in last three years, given the increase vicinity to the National Capital through Rapid Metro and Delhi Metro.

The price rise is expected to continue in these locations although at a reasonable rate due to increase in connectivity to the other parts of the city. The rapid metro not only provides the ease to travel to offices, but also lead huge savings.

All the residential lands and office spaces that come in the range of rapid metro will turn into hot property. The new mode of transport will give a traffic free travel and also will provide direct connectivity to the Delhi Metro though skywalks.

The direct connectivity of a couple of stations to the work places will also reduce the shared autos and rickshaw on the road. The 5.1 km track is estimated to have ridership of 55,000 passengers per day with six stations.