Small towns around Delhi set to get new Jersey-style makeover

economictimes.indiatimes.com:

small towns around Delhi are set to get a New Jersey-style makeover as new-age rapid commuter trains and interference-free motorways shrink their distances from India's capital, giving top property companies commercial incentive to take self-sufficient suburban living to these once-distant locations. Brand new rapid train corridors, separate from the congested century-old railroads weighed down by traffic and time, will soon connect downtown Delhi and Noida to Meerut, Karnal, and Alwar, while tolled peripheral expressways and access-controlled motorways are already linking the likes of Palwal, Bahadurgarh and Sonepat to the capital, slashing by half the commute times from these small towns in the National Capital Region (NCR) to Connaught Place or ITO.

And that's encouraging the likes of Godrej, DLF, Trident Realty, Mapsko, M3M, and Alpha Corp to look beyond their traditional investment bailiwicks of Noida, Greater Noida and Gurgaon — glittering glass-and-steel millennial suburbs that now offer more modern infrastructure than do most pockets of Delhi. «The infra development focused on improved connectivity, accessibility, and standard of living is enhancing the liveability index in the peripheries of NCR, thus fueling interest from both buyers and investors,» said S K Narvar, Group chairman, Trident Realty.

With a noticeable increase in the number of corporates and a rapid rise in Delhi's organized-sector working population, numerous micro-markets in the outlying areas of the NCR are seeing traction for both residential and commercial properties. «With every road, bridge, and metro line constructed, these peripheral areas of Delhi NCR are blooming into vibrant centers of opportunity, enhancing the scope for real estate