Corporation to develop facilities around metro stations
Inter-modal connectivity is vital as people will use the rail system only if they find it easy to access.
May 28, 2013
Source : The Times of India


CHENNAI: As metro rail plans to open the Koyambedu-St Thomas Mount elevated line by mid-2014, Corporation of Chennai is getting ready too — to provide access to the stations on the route.

Corporation officials said they had identified roads for laying new footpaths, bus shelters, street lights, storm water drains, sign boards and street lights within a 500-metre radius of each station. Chennai Metro Rail Limited (CMRL) had recently asked the civic body to complete works before the line was thrown open to the public.


A senior corporation official said: "We recently took up the relaying of 400 roads in various areas, covering a few metro rail stations. Those left out have been identified and we will float tenders for the relaying work on these roads in a couple of weeks and try to complete the work before the line is opened".


Road experts say the proposed inter-modal connectivity among metro rail, suburban railway, MRTS and Metropolitan Transport Corporation services will help residents live in the heart of the city and commute to the suburbs for work or vice versa. "Inter-modal connectivity is vital as people will use the rail system only if they find it easy to access. Bus shelters are also necessary if MTC runs minibuses on these stretches," said a Roshan Toshniwal of Transparent Chennai.


He was happy the civic body was doing something to improve inter-modal connectivity. "Unfortunately most MRTS railway stations are vacant as they are disconnected from other modes. There are no good roads, footpaths or street lights in many stations. How can we expect commuters to use them," he asked.


Some corporation officials said proper amenities would be provided in the vicinity of the proposed metro stations. "Commuters will be able to walk to and from stations along well laid footpaths after the work is complete. The street lights will provide a safe environment for them, especially at night," one official said.


Others said they were in the process of identifying parking spaces for the metro stations. "As of now, metro rail has provided parking space only in few metro stations along the route and this may not be enough. So we are studying the feasibility of providing parking space outside some of these stations," said a corporation official.


Many residents living close to areas where the metro stations are to come up are excited about the corporation's plans. "The proposed metro rail line runs through arterial roads, but commuters who want to reach the station will always prefer interior roads. If there are no storm water drains, then it will be flooded and cause inconvenience to the commuters especially during rain" said Durai Raj, a resident of Vadapalani.

Latest Realty News

The Panvel-New Panvel stretch will witness multiple project possessions
May 28, 2013
The upcoming International Airport at Navi Mumbai has infused new life into the real estate market in the southern suburbs of Panvel and New Panvel, which would be in close proximity to the airport. This has made these locations, one of the most-promising property destinations in Navi Mumbai, today.
Bangalore realty market more positive
May 28, 2013
With a new stable government looking to address some problems of the previous one, and with interest rates falling, Bangalore’s real estate market is looking more positive for buyers and investors than it has been in a while. Given that property prices here have been relatively stable in the past few years also makes it quite attractive.
Builders urged to keep in mind basic consumer requirements
May 28, 2013
Builders in Mangalore have been asked to think about meeting the basic consumer requirements while planning their projects.
Single-window approval for projects sought
May 28, 2013
Credai, the apex body of real estate developers in the country, has urged the Government to introduce single-window approvals for projects at the earliest.
Homebuyers in Noida move Allahabad HC
May 28, 2013
Homebuyers of Noida Extension have filed a writ petition in the Allahabad high court demanding a complete stay on the cancellation of bookings of housing units, which is being carried out by a few developers in the region
Noida land prices may zoom
May 28, 2013
Buying a house or land in Noida, Greater Noida and along the Yamuna Expressway has become costlier. At a board meeting on Monday, three development authorities for these areas announced a substantial rise in allotment prices across all categories of land.
Realty firms tweak norms to push sales
May 28, 2013
Sluggish commercial market is prompting developers, occupiers and financiers to come up with different ideas to protect their interest and get things going. While developers are tweaking their offerings along with easier payment structures, including installment option, private equity players are opting for strata buys rather than acquiring entire projects for complete control.
Housing prices rise by around 1 pc in 20 major cities: NHB
May 28, 2013
Housing prices have increased marginally by an average 1.1 per cent in 20 major cities, including Delhi and Mumbai, in January-March 2013 over the previous quarter due to slowdown in demand, National Housing Bank said today.
YES Bank CEO Rana Kapoor's family buys Rs 128 cr house next to Mukesh Ambani's Antilla
May 28, 2013
The family of YES Bank BSE 0.11 % CEO and managing director Rana Kapoor has bought a residential building - jointly owned by Citibank and GlaxoSmithKline - on tony Altamount Road in Mumbai for Rs 128 crore, and plans to build a home there. The building is next to Mukesh Ambani's 27-storey Antilla.
Indiabulls Real Estate can move to Rs 110: Tulsian
May 28, 2013
SP Tulsian said "By and large, I am keeping a positive view on all the real estate stocks whether you talk of the Indiabulls Real Estate or Prestige Estate , Anant Raj . Maybe because Indiabulls Real Estate has a good presence in Mumbai, the three pockets - National Capital Region (NCR), Bangalore and Mumbai are really doing quite well."

Latest Realty News Of State

Realty Talk's