All About The Hyderabad Metro Rail Project
On September 24, the 16-km Ameerpet-LB Nagar stretch of the Hyderabad Metro became operational with Telangana Governor ESL Narasimhan flagging off services. This also marked the completion of the 29.2-km Corridor-I, taking the total length of the city’s Metro rail network to 46 kilometres, the second-largest Metro network in India after Delhi.
The Rs 18,800-crore Hyderabad Metro project is being developed to facilitate last-mile connectivity to various parts of the city. The network spans a total length of 72 kilometre, consisting of three corridors. Work on the other two corridors is currently in progress, and the ridership, which is currently over a lakh passengers every day, is expected to double in future.
The corridors
Corridor-I: Miyapur- Ameerpet-LB Nagar: Known as the Red Line, this 29.2-km corridor has 27 stations on the route crossing prominent areas which are established realty hubs. These include Miyapur, Kukatpally, Erragadda, Ameerpet, Punjagutta, among others. The 16-km stretch from Ameerpet to LB Nagar is set to become operational on September 24, thus completing the corridor, the second longest Metro line in India after the Delhi Metro. The Ameerpet station will provide interchange option to access corridors I and III.
Corridor-II: JBS-Falaknuma: Scheduled to open by the end of 2019, the second corridor (Green Line) is planned in two phases — a 9.66-km stretch from JBS to MGBS and a 5.36-km stretch from MGBS to Falaknuma. There are 16 stations on the route namely JBS, Parade Grounds, Secunderabad, Gandhi Hospital, Musheerabad, RTC Cross Roads, Chikkadpally, Narayanguda, Sultan Bazar, M G Bus Station, Salarjung Museum, Charminar, Shalibanda, Shamsher Gunj, Jungametta and Falaknuma.
The MGBS station will provide interchange option to access corridors I and II.
Corridor-III: Nagole-Raidurg: The third corridor or the Blue Line consists of Nagole, Uppal, Survey of India, NGRI, Habsiguda, Tarnaka, Mettuguda, Secunderabad, Parade Grounds, Paradise, Rasool Pura, Prakash Nagar, Begumpet, Ameerpet, Madhura Nagar, Yusuf Guda, Road No 5 Jubilee Hills, Jubilee Hills Check Post, Pedamma Temple, Madhapur, Durgam Chervu, HITEC City and Shilparamam.
Terminating at Raidurg, the corridor is expected to be completed by the end of 2018. In November last year, Prime Minister Narendra Modi had inaugurated a 30-km stretch between Miyapur-Ameerpet-Nagole. The Parade Grounds station will provide interchange option to access corridors I and III.
Key facts
Impact on realty
With this eco-friendly mode of travel, residents of Hyderabad will experience high-speed connectivity and reduced travel time to reach their destinations. The Metro network passes through established real estate pockets of the city such as Miyapur, Kukatpally, Begumpet, Ameerpet, Jubilee Hills and HITEC City.
Property prices are set to appreciate with options for attractive properties for investment also likely to grow. The prices of residential properties have already jumped up in Ameerpet in the recent months whereas the growth in Miyapur and Kukatpally is also appreciable.
The government is also planning to link the network to the Shamshabad RGI Airport through new sections, thus creating opportunities for real estate growth.