Smart Governance
Infra Development
“ With the construction of this ultra modern Expressway, cities situated in and around this will open up new doors for industrial corridors in these regions. It’ s a proven fact that with the better connectivity and good road networks, chances for development and growth of the regions increases. We have great expectations with these projects as we see lot of scope of realty development in the regions coming under these road projects." Deepak Kapoor, President CREDAI-Western U. P. & Director, Gulshan Homz.
“ The regions along the newly inaugurated Agra-Lucknow expressway will be the new hotspot investment destinations in the coming future enjoying excellent road connectivity along with rail and waterways. The wave of development will rise to encapsulate not only infrastructural development but a holistic growth and once the expressway will be fully operational it will add to the attractiveness of the region eventually leading to the boost in the realty aspects of the region.” Rajesh Goyal, Vice President CREDAI-Western U. P. & MD, RG Group.
at reducing road accidents and helping even at the time of dense fog. There are plans to expand this expressway into 8 lanes and in order to facilitate this, all the bridges and underpasses have been made 8 lanes. This will also help avoid traffic congestions and bottlenecks. It also includes 4 rail over bridges, 57 minor bridges, 13 major bridges, 9 flyovers, 148 pedestrian underpasses and 74 vehicular underpasses. This expressway will be connected to the much hyped Yamuna Expressway via an Agra Ring Road. It covers 10 districts, 236 villages and 3, 500 hectares of land. It connects Agra and Lucknow via Shikohabad, Firozabad, Mainpuri, Etawah, Auraiya, Kannauj, Kanpur Nagar, Unnao and Hardoi. Highlighting the connectivity feature even further, the expressway passes through 2 State and 4 National Highways, and 5 major rivers namely; Ganga, Yamuna, Isan, Sai and Kalyani. A green belt is also being developed on the sides of the Agra-Lucknow Expressway by planting trees on either sides and plants in the median as well. There are provisions of a 3.3 Kms dedicated stretch which has been purposefully built on the expressway for jets to land and take-off in times of‘ war-like emergencies’.
Boost to realty With the saturation of major tier 1 cities in NCR, stakeholders, developers and buyers are looking out for options in tier 2 & 3 cities. The development in those regions is bound to be better as they are gifted with modern day architecture, equipments and manpower. Even in case of Agra-Lucknow Expressway, development along the corridor will allow the realty prospects to increase manifolds over the years. As the movement and footfall on the expressway will increase, the realty sector will chip in gradually; as was the case of Yamuna Expressway as well.
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“ Delhi is already paving its path towards a saturation point, with the regions around national capital having sky touching property prices, the regions lying near this project will be bonus additions for home buyers looking for properties at affordable rates. There are lot of growth prospects in these regions once the projects are accomplished and the real estate sector of these areas too are anticipated get a big boost." Vikas Bhasin, MD, Saya Group.
November 2016 30 www. smartgovernance. in