India, June 30 -- The Gurugram Metro Rail Ltd (GMRL) has decided to seek parcels of land along the metro alignment for commercial development of property to ensure financial viability of the project. As per a GMRL official aware of the matter, the corporation has also decided to seek a share in the (transit oriented development) TOD benefits arising out of the metro project.
As per the GMRL, the metro corporation has not been allocated any land for property development presently but it was crucial to develop commerical projects along the alignment to improve and ensure the financial viability of the project through multiple revenue streams. "It has been decided that GMRL will reach out to the Haryana government and request for allocation...
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