Haryana chief minister Bhupinder Singh Hooda is likely to lay the foundation stone for the 7-km long southward extension of the intra-city Metro service on October 2.
The rail network will be extended up to Sector 56 along the Golf Course Road.
To be completed in 36 months, the Rs. 2,100-crore project will have a multi-level parking lot at its last station in Sector 56.
Once ready, lakhs of residents of DLF Phase 1, Sushant Lok, Southcity, sectors 54, 55 and 56 and executives working with companies along Golf Course Road would greatly benefit.
Those staying beyond Sector 56/57 can park their vehicle at the Sector 56 Metro station and take a train, said Sanjiv Rai, managing director and CEO of IL&FS Rails Limited.
A consortium of IL&FS Rail Limited and IL&FS Transportation Limited, the firm was the only bidder for the project in April.
Haryana Urban Development Authority (Huda) had floated global tenders.
"We have received confirmation from the Haryana government that the CM would laying the foundation stone for the southward extension of the RMG service on October 2," Rai added.
He further said, "According to plan, the elevated route will have a double-standard gauge track with a total of six stations. It will begin from Sikanderpur Metro station near Bristol Chowk and terminate at the T-junction in Golf Course Extension. We have asked the state for land to construct a multi-level parking lot at the Sector 56 Metro station."
The project will take about six months for financial closure and 30 months for construction. Ideally, the complete route will be ready in 2015.
On the westward extension towards Udyog Vihar, Rai said the alignment would be finalised only after the proposed high-speed Metro route between Iffco Chowk and IGI Airport was fixed.
The 7-km westward extension project, worth Rs. 2,000 crore, will benefit residents of Udyog Vihar, Sectors 21, 22, 23, 23A, Palam Vihar and sectors carved in Gurgaon Master Plan 2021.