DLF weighs metro link in its townships nationwide
India’s largest real estate developer, DLF, is embarking on a new model to ensure its townships have connectivity with metro rail projects. The company has hired Delhi Metro Rail Corporation’s (DMRC) projects and planning director CBK Rao for developing private metro projects.
For example, DLF has commissioned a study from RITES to examine the feasibility of an extension of Gurgaon metro to its IT township called DLF Cyber City. The company is willing to fund the extension to the Cyber City. It has similar plans for other cities where metro is coming up in the near future like Mumbai, Hyderabad and Bangalore.
DLF vice-chairman Rajeev Singh told ET, “We are looking at metro extensions in a big way. Not only this, we would even ask state governments to go for metro projects in their cities. This is to inculcate the need for having metros for easing transport.”
