Local agencies to jointly fund Metro extension
The Ghaziabad administration has asked UPSIDC, Avas Vikas Parishad, municipal corporation and the GDA, to share the estimated fund of Rs815 crore to bring Metro from Dilshad Garden in Delhi to Arthala extension in the city.india Updated: Aug 29, 2011 23:02 IST
In order to expedite and strengthen the urban transport system, the Ghaziabad administration has asked various developmental agencies —UPSIDC, Avas Vikas Parishad, municipal corporation and the Ghaziabad Development Authority (GDA), to share the estimated fund of Rs815 crore to bring Metro from Dilshad Garden in Delhi to Arthala extension in the city.
Speaking to Hindustan Times, GDA vice-chairman Narendra Kumar Chaudhary said that the decision to share fund was conveyed to the agencies by Ghaziabad district magistrate, after recommendation from the commissioner (Meerut).
The sharing of Rs815 crore fund would involve 50% contribution from the GDA and the rest would be shared equally by the other three agencies.
“The second phase is now a top priority and we plan to initiate the extension at the earliest. The decision would now be taken up with the state officials who would direct these departments to contribute,” Chaudhary said.
The second phase of the Metro in Ghaziabad city involves an extension from Dilshad Garden to Arthala (near Mohan Nagar), a 7.31 km route. GDA officials said that their share of 59% would be contributed in three year’s time and the funds would be met out from the infrastructure development fund that the authority receives each year. GDA receives around Rs200 crore to Rs250 crore as infrastructure fund per year.
The second phase detailed project report (DPR) was completed in 2005-06 at a cost of around Rs70 lakh for the 9.1 km extension from Dilshad Garden to the new bus stand area.
With provision of the Regional Rapid Transit System (RRTS) in the coming years, the GDA has curtailed the Metro route in the second phase up to Arthala, near Mohan Nagar, making it around 7.31 km stretch.
Although the GDA had proposed an increase in the development charge to fund the second phase of Metro extension, officials in the authority said that joint funding, along, would be sufficient to help fund the second phase.
In couple of weeks, the authority would also increase the development charges from Rs1,875 per sq metre to Rs2,400 per square metre on the map layouts which are passed for constructions in new areas and new constructions thereon.
“But this charge would not be invested to fund Metro’s second phase,” Chaudhary said.
First Published: Aug 29, 2011 22:58 IST