Gurugram Metro Extension to Begin in May 2025: Industry Experts Weigh In on Its Real Estate Impact
The construction of the Metro Extension in Gurugram, starting on May 1 next year, will connect Millennium City Center to Railway Station, Sector-22, and Cyber City. This project has sparked enthusiasm in the real estate community, offering significant opportunities for growth in the local property market. This initiative by Haryana Chief Minister Naib Singh Saini represents a major step in urban development. Improved connectivity and a more organized transportation system will make Gurugram an even more attractive destination for real estate investment. The project is expected to drive demand for properties along the metro route, providing opportunities for development and investment. It aligns with the broader goal of creating well-connected communities that cater to modern needs.
It is known that a total of Rs 5,452.72 crore will be spent on this project. The central government will spend Rs 896.19 crore and the Haryana government will spend Rs 4,556.53 crore on this project. The detailed project report of the metro rail running between Millennium City to Cyber City Gurugram has been approved by the Haryana government and the central government and the foundation stone of this project was laid by Prime Minister Narendra Modi in Rewari on February 16, 2024.
The metro line will have 27 stations, including Millennium City Centre, Sector-45, Cyber Park, Sector-47, Subhash Chowk, Sector-48, Hero Honda Chowk, Sector-72A, Hero Honda Chowk, Udyog Vihar Phase-6, Sector-10, Sector-37, Basai Village, Sector-9, Sector-7, Sector-4, Sector-5, Ashok Vihar, Sector-3, Bajghera Road, Palam Vihar Extension, Palam Vihar, Sector-23A, Sector-22, Udyog Vihar Phase-4, Udyog Vihar Phase-5 and Cyber City.
Under this project, tenders will be invited by January 31 to prepare the depot and appoint consultants for the first civil package (from Millennium City Centre to Sector-9 and Sector-101 Dwarka, total length about 13 km).
Industry Experts Opinion on the Upcoming Gurugram Metro Extension on Real Estate
Mr. Parvinder Singh,CEO, Trident Realty
"The Gurugram Metro extension is a transformative development that will significantly boost real estate demand in the region. As connectivity improves, we expect to see a surge in interest from both homebuyers and investors, particularly in areas near the new metro stations. This project not only enhances the quality of life for residents but also opens up lucrative opportunities for growth in commercial and residential sectors. We anticipate that property values will rise substantially, making Gurugram an even more attractive destination for real estate investment. The upcoming metro will be a game changer, driving economic development and creating new employment opportunities throughout the city."
Mr. Manish Jaiswal, Group COO, Eldeco Group
“We welcome the announcement by the Honorable Chief Minister on Metro expansion project. This visionary step reflects the government’s commitment to strengthening the city’s infrastructure and connectivity. The proximity of Sector 80 to key junctions like Hero Honda Chowk ensures metro connectivity and also enhances accessibility via NH-8 and public transport. The metro expansion will not only ease urban commute but also unlock immense opportunities for real estate development in surrounding areas. It is a transformative move that will enhance Gurugram’s appeal as a global business hub while significantly improving the quality of life for its residents. This project holds the potential to catalyze economic growth, attract investment, and shape Gurugram into a model smart city, setting benchmarks for other urban centers to follow.”
Mr. Ashish Sharma, AVP Operations, Brahma Group
"The upcoming expansion of the Gurugram Metro is a transformative step that will redefine connectivity across the city. By linking key hubs like Millennium City Center, Sector-22, Cyber City, and the railway station, this 28.5 km corridor with 27 stations will significantly reduce travel time and enhance accessibility for residents and businesses alike. Moreover, this development is a game-changer as improved connectivity invariably drives demand for premium office spaces, retail outlets, and mixed-use developments along the metro route. This project underscores Gurugram’s evolution into a truly global city, and we are excited to align our projects with this vision, creating vibrant commercial properties that cater to the city’s growing aspirations."
Mr. Sudeep Bhatt, Director-Strategy, Whiteland Corporation
“We welcome the decision of Hon’ble Chief Minister Shree Nayab Singh Saini ji to commence the Gurugram Metro Extension construction. Gurugram, as part of the National Capital Region (NCR), has rapidly emerged as a prominent real estate hub. Efficient and convenient transport options, such as the Metro system, play a pivotal role in driving real estate growth. The Metro Extension is expected to boost the Gurugram real estate market, particularly in areas like Dwarka Expressway, SPR and New Gurugram, with anticipated increases in property values. We commend the Haryana Government’s efforts, as infrastructure development is critical to the nation’s economic growth.”
The Gurugram Metro Extension is poised to be a transformative development for the city, bringing enhanced connectivity and significant opportunities for real estate growth. Experts agree that this project will not only improve the quality of life for residents but also attract both investors and homebuyers, especially in areas along the metro route. As the construction begins in May 2025, it’s clear that this infrastructure initiative will play a key role in shaping Gurugram's future as a leading urban hub in the NCR.
Image source-gurugramonline.in
