The Noida Metro rail corporation (NMRC) on Wednesday said it has decided to connect all buildings -- group housing towers, malls, offices, educational institutions, other realty projects -- that fall along the 30-km Noida-Greater Noida link to metro stations through skywalks. The move is aimed at generating revenue, officials said.
“We have taken a decision to draft a policy on this important development. Subsequently, we will approve the policy in our board meeting and give the opportunity to owners of buildings that fall along the metro link route. But building owners will have to pay a certain fee to avail this facility. The policy will decide the amount to be paid for connectivity to a metro station through a skywalk,” Santosh Yadav, managing director of NMRC, said.
“If we spend `100 on providing metro connectivity to commuters, NMRC will only get `52 in return through ticketing and lose `48 due to incidental expenses. Therefore, we need to bring in a model that helps us generate money to run and maintain the metro project. Connecting stations with buildings located along our route is one of the important models we have envisaged,” Yadav said.
NMRC has also decided to develop theme based metro stations and will have commercial spaces that cater to location-specific demands and taste. Officials said every inch of the metro route will be used for advertising, to raise funds.
“We have parking and commercial space at all 21 metro stations. We do not want ordinary commercial space. We will invite suggestions from interested parties, including residents, investors and realtors on development of commercial properties at metro stations. The commercial area around a particular station should cater to the taste of those living in the area. We want to connect all areas with facilities available at the station. We do not want the monotony to bore commuters,” Yadav said.
NMRC will also seek suggestions from the public on the tagline for this Noida Metro.
Officials said that each station will provide last mile connectivity. “We are roping in a private agency to assess the transport facilities (auto, rickshaw or bus) required for last mile connectivity. We want to cut cost and provide better quality of services. We will not hire staff in bulk like the Delhi or Kochi Metro did. We will use technology to cut cost of operations,”an NMRC official said.