Does Metro increase property value?
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Does Metro increase property value?
NEW DELHI: Metro corridors led to a 15-20\% rise in land prices, within 500 metres of such facilities, as per a report from JLL. A fall in cost of commute and improved job opportunities led to a 20-25\% increase in commercial property prices, the report added.
Who introduced Metro in Chennai?
It is a Joint Venture project of Government of India and Government of Tamil Nadu with equal equity holding. The Government of Tamil Nadu have given in principle approval for the two initial corridors on 7-11-2007. The Government of India have approved the Chennai Metro Rail project on 28-1-2009.
Does Metro runs in Chennai?
Chennai Metro Rail services have been running as per schedule with a train available every ten minutes. Trains are monitored by a team of people from the Operation Control Centre throughout the day.
How many metro are there in Chennai?
Specifically, in the Construction and Network sections.
| Overview | |
|---|---|
| Number of lines | 2 (operational), 3 (under construction) |
| Number of stations | 42 |
| Daily ridership | ~400,000 |
| Headquarters | Poonamallee High Road, Koyambedu, Chennai 600107 |
How many metro trains are there in Chennai?
Chennai Metro Route Map Guide Chennai Metro uses 1435 mm (standard gauge) tracks and overhead catenary carrying an alternating current of 25 kilovolts. Every day, around 1.1 lakh (110,000) people travel on the 42 trains on the system, each of which has four coaches, across a route length of 45.1 km.
What is the timing of Metro in Chennai?
Chennai Metro Time Table as of Feb-15-2021
| Direction | Timings – Monday to Saturday | Corridor |
|---|---|---|
| Chennai Central (SCC) to St. Thomas Mount (SMM) | 05.29 Hrs to 23.09 (Mon-Sat) | Corridor-2 – GREEN LINE |
| St. Thomas Mount (SMM) to Chennai Central (SCC) | 05.28 Hrs to 22.43 (Mon-Sat) | Corridor-2 – GREEN LINE |