Wednesday, July 16, 2014

Metro Rail, the harbinger of future growth in Hyderabad


The Hyderabad Metro Rail is a landmark project of L&T, implemented by L&T Metro Rail (Hyderabad) Limited at a cost of INR 16,375 crores. Due to the acceleration of the process of urbanization in major cities of India, efficient transit is an important link to ensure productivity as well as sustainability of urban areas to become the engines for economic growth.

The project envisages a major infrastructure development in business areas of the city, an improved economic base and also a broader developmental agenda for the less developed areas of the city too. Apart from catering to the city’s infrastructure needs, it also benefits common man. The Hyderabad Metro rail project has a vision to transform the lives of people in Hyderabad by means of best in-class mobility, connecting and creating vibrant urban spaces. Because of Metro, development becomes homogenized by means of accessibility to infrastructure. Hyderabad metro rail project was conceived to accelerate a developmental model, which caters to the diverse requirements of its population. The major transits routes can become potential business centers. The first phase covering 71 kilometers of Hyderabad across all axes- North, West, East and South is a fillip to the growth of the city.

The Metro Rail project aims at the transformation of the urban-scape of Hyderabad into a lively space, by virtue of its infrastructural quality promoting an inclusive developmental agenda. A Metro rail is considered as an effective alternative for growing tariff congestion, a desire for quality urban lifestyle, and creation of smart growth opportunities. With Metro stations emerging as the prime focus of each area, people can enjoy close and quick proximity to office, retail and residential spaces. From each metro station, high quality development is radiated towards less developed zones with access to other transport systems such as feeder buses. This ensures mobility and accessibility. Metro can ensure better quality of life to live, play and work, stable property value, a boost for local businesses and less scope for accidents. As an environment-friendly transport Metro not only spurs next-gen growth but it also ensures a less polluted environment.

Hyderabad Metro Rail ensures overall economic efficiency of Hyderabad along the metro corridors and usher high-end economic competiveness. The Metro Rail Project has placed Hyderabad at the cusp of yet another giant leap towards a globalized world and is all set to script the success story, harnessing the potential of the city and emerge as a harbinger of future growth of Hyderabad.

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