For residents of MG Road, DLF Phase II and III in Gurgaon, the Rapid Metro will become a boon. It will also add sheen to the commercial properties in DLF Cyber City. Cushman and Wakefield says that since the start of construction of Rapid Metro in 2010, the residential properties on MG Road, DLF Phase II and III witnessed an appreciation between 35 per cent and over 100 per cent.
In fact, the prices in Belvedere Tower, which is on the route of Rapid Metro, have appreciated from around Rs 7,000 per sq ft in 2010 to around Rs 13,500 per sq ft at present. Other projects such as Belvedere Park and Garden Estate also witnessed similar appreciation.
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