Imagine how it will be when you got down at your railroad station back from the work place and having the ability to carry on with your grocery shopping. Or going even better, how you will feel when you can watch out a movie once you get down from your stopping which suggests no dependence on non-public vehicles. Well, this might soon to become a reality in Chennai, given the Asquare Amarprakash builders feedbacks. The CMRL (Chennai Metro Rail Ltd) has scheduled to convert five of its upcoming elevated railroad stations in to business parks. These embrace stations at Ekkattuthangal, Alandur, Arumbakkam, Ashok Nagar and CMBT.
With the trial runs over for the Koyambedu-Alandur elevated line, the setup is to develop 2 to9 floor buildings to incline on rent to line up malls, retail stores and so on. Plans are ready to line up movie theatres and other entertainment zones at some stations.An official from the department of CMRL on request about anonymity said that, these areas are known as key locations and have roads wide enough to lodge the growth. An advisor has already been known to hold out practical studies. Work could begin terribly before time.
While CMRL stands to realize monetarily if these work well, value of residential units are expected to be wedged in these areas. Without adjunct activity of realty in railroad line stations, the railroad line cannot generate much profit. Thus, it's a good practice to adopt and is sort of common abroad. However, this might even have a positive impact on the residential areas within the vicinity. We've numerous samples of areas noticing an increase in values because of the establishment of new rail road line station. In this case, it will be a double bonus for the dwellers as it simply comes with transportation facility and shopping zone.
The live ability quotient of these areas would undoubtedly go up, given these stations become operated and are well maintained. CMRL can learn probably from the operations of Vashi Station in Bombay. This station stands as a good model for the successful operation of transport system and business hub at the same time.While it's too early to forecast the increase in values, the residents of Ekkattuthangal, Alandur, CMBT, Ashok Nagar and Arumbakkam are waiting for a gala time if CMRL supplies what it has promised
With the trial runs over for the Koyambedu-Alandur elevated line, the setup is to develop 2 to9 floor buildings to incline on rent to line up malls, retail stores and so on. Plans are ready to line up movie theatres and other entertainment zones at some stations.An official from the department of CMRL on request about anonymity said that, these areas are known as key locations and have roads wide enough to lodge the growth. An advisor has already been known to hold out practical studies. Work could begin terribly before time.
While CMRL stands to realize monetarily if these work well, value of residential units are expected to be wedged in these areas. Without adjunct activity of realty in railroad line stations, the railroad line cannot generate much profit. Thus, it's a good practice to adopt and is sort of common abroad. However, this might even have a positive impact on the residential areas within the vicinity. We've numerous samples of areas noticing an increase in values because of the establishment of new rail road line station. In this case, it will be a double bonus for the dwellers as it simply comes with transportation facility and shopping zone.
The live ability quotient of these areas would undoubtedly go up, given these stations become operated and are well maintained. CMRL can learn probably from the operations of Vashi Station in Bombay. This station stands as a good model for the successful operation of transport system and business hub at the same time.While it's too early to forecast the increase in values, the residents of Ekkattuthangal, Alandur, CMBT, Ashok Nagar and Arumbakkam are waiting for a gala time if CMRL supplies what it has promised