Showing posts with label transport system. Show all posts
Showing posts with label transport system. Show all posts

Thursday 10 January 2013

RRTS- Connectivity and Infrastructural Development


Infrastructural Development
Infrastructural Development

Whenever you talk about Delhi, NCR that is the National Capital Region, is automatically associated closely. Also, places like Meerut, Alwar and Panipat are very close to the capital. There are a huge population that travels to the capital for work everyday. It is a daily hectic up and down business for them. 
Now, Daily commuters from satellite towns can look forward to a hassle-free ride into the Capital with the urban development ministry "in-principle" okaying the rail-based Regional Rapid Transit System (RRTS) to provide fast connectivity from places like Meerut, Alwar and Panipat. The integrated system - involving new railway lines, Metros, bus clusters and terminals, provide a smooth travelling experience to lakhs of people who commute to Delhi every day for work.
The hub-and-spoke distribution model or network is a system of connections arranged like a chariot wheel, in which all traffic moves along spokes connected to the hub at the centre. The small number of routes generally leads to more efficient use of resources. As it is a major need of the hour, Faster connectivity will reduce pressure on both the commuters and the infrastructure.
http://www.cosmicindia.in/
The long-pending transport system, to be built over the next 25 years, will come up on three corridors - Delhi-Ghaziabad-Meerut, Delhi-Gurgaon-Alwar and Delhi-Sonepat-Panipat. An agreement is signed with Delhi, Rajasthan, Haryana and UP to set up a separate body -- NCR Transport Corporation (NCRTC) -- to improve transport interconnectivity in the NCR. The NCRTC will be responsible for overall development of integrated multi-modal transport system, including rapid rail transit system (suburban rail system) and feeder bus services in the NCR.

In most cities infrastructure development has not kept pace with urbanization and population growth. Infrastructure development drives real estate development in every city. This development specifically gives huge opportunities to the Real estate industry in and around Delhi. Here in this case, growth and development in terms of better connectivity and real estate growth go hand in hand, and therefore lies opportunities for growth and development.


Related Posts ; 

Noida Expressway - Apopular real estate destination

Yamuna Expressway - A next real estate hub

Tags : Delhi Metro, Noida Expressway, Yamuna Expressway, DND , Cosmic Structures, Cosmic Projects