Prime Minister Narendra Modi will launch the second phase of the Ahmedabad Metro Rail Extension on September 16, during his two-day visit to Gujarat beginning September 15.
According to a press release, the new phase would link important places between Ahmedabad and Gandhinagar, such as Sector-1, Gujarat National Law University (GNLU), Pandit Deendayal Energy University (PDEU), and Gujarat International Finance Tec-City (GIFT City).
The 21-kilometer route that connects Motera's Narendra Modi Stadium to Gandhinagar's Sector-1 will enhance connectivity and ease transportation for commuters across the state capital.
This phase adds eight new stations over a span of 21 km, enabling smooth transportation to residential and business sectors.
With fuel prices rising and traffic congestion increasing, the Metro Rail Extension will be an attractive option to private vehicles due to its affordability and time efficiency. For instance, the 33-kilometer Metro ride from APMC to Sector-1 in Gandhinagar takes only 65 minutes and costs Rs 35. In contrast, autorickshaws charge around Rs 375 for the same distance, while cabs might cost upwards of Rs 400. Those who commute on a daily basis, particularly those who work in Gandhinagar and GIFT City, are likely to choose the Metro because of its reasonable prices and consistent transit schedules.
The expansion of the metro rail is part of a larger plan to improve urban mobility in the area.
The project has received funding through loans from international organisations Kreditanstalt für Wiederaufbau (KfW) and Agence Française de Développement (AFD).
Aside from the Metro offering a more environment-friendly option that will lower the region's carbon footprint, the service is expected to reduce traffic on Ahmedabad's congested roadways, lowering pollution levels and reducing the load on the city's infrastructure.
The Metro extension is also projected to spur real estate development, with increased demand for housing and commercial spaces around the new stations. As connectivity improves, investment opportunities and urban growth are expected to flourish.
(With ANI inputs)Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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