November 6, 2011 5:17 PM

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Centre approves concept proposal of Regional Rapid Transit System

The government has given in principle approval to the concept proposal of Regional Rapid Transit System (RRTS) in three important corridors in the Natioanl Capital Region -NCR. The corridors are Delhi-Gurgaon-Alwar, Delhi-Sonepat-Panipat and Delhi-Ghaziabad-Meerut.

In a statement issued in New Delhi on Sunday Urban Development Minister Kamal Nath said, this will provide high speed connectivity between these cities of NCR. He said it will also provide these cities to capture the economic impulse.

On other hand, the faster connectivity will reduce pressure on the National Capital’s infrastructure by opening up the region including regional housing market.
The Minister has also directed the NCR Planning Board(NCRPB) to explore innovative funding mechanisms like exploiting transit-oriented development potential, monetization of land and PPP model for implementing the projects.

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