Delhi Metro submitted the revised detailed project report (DPR) for the Noida Electronic City-Sahibabad corridor (Blue Line extension) to the Ghaziabad Development Authority (GDA) on Saturday, 25th January 2020. The completion cost of the said corridor has been pegged at Rs 1,517.
As per the DPR, the route will have five stations namely Vaibhav Khand, DPS Indirapuram, Shakti Khand, Vasundhara Sector 7 and Sahibabad, and will cover a length of a little over 5km. About 540 trees will have to cut down to make way for the metro corridor. DMRC has set April 2020 as the likely project commencement date, with April 2024 deadline.
Delhi Metro Rail Corporation (DMRC) has recommended a funding pattern, under which 74% of the project cost is to be borne by the state government through its agencies and 18% by the Centre.
“Of the total project cost of Rs 1,517 crore, the UP government through its agencies will have to contribute Rs 878 crore and the Centre Rs 219 crore. Land worth Rs 220 crore will also be acquired by the UP government. The finding pattern is the same as it was for the Vaishali-Mohan Nagar route,” said Kanchan Verma, GDA vice-chairperson.
Anticipating that raising money could be a concern for GDA, the DPR has also suggested how the development authority could go for value capturing by increasing the floor area ratio (FAR) on transit-oriented development (TOD) zone on both sides of the route alignment. “DMRC has suggested that FAR along TOD zone, which will be 500 metres on both sides, should be increased,” said Verma.
As per the DPR, Sahibabad metro station will be a major transit hub for the Noida Sector 62-Sahibababad route and as well as the Vaishali-Mohan Nagar corridor. Both the DPRs, that of Noida Electronic City-Sahibabad metro corridor and Vaishali-Mohan Nagar corridor, will now be sent to the state government for approval.
“The total cost of the two corridors will be Rs 3,309 crore. We hope that the state government will also take a final call on the funding of these two metro projects as we have made it amply clear that GDA or other agencies are in no position to bear the entire cost of the projects,” said Verma.