• Source:JND
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Delhi to Meerut via Ghaziabad, the 82-kilometre corridor, has significantly impacted land prices in areas within a two-kilometre radius of operational Namo Bharat stations, as per the National Capital Region Transport Corporation (NCRTC), ANI reported. Since the launch of Namo Bharat services in October 2023, improved connectivity has contributed to a 67 percent surge in land rates along the route. The NCRTC noted that land prices near these stations have risen from approximately Rs 8,000-Rs 12,000 per square yard to Rs 12,000-Rs 20,000, reflecting a sharp increase in demand driven by enhanced real estate prospects.

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"When the Namo Bharat project was conceptualised, one of the aims was to enable polycentric development in the National Capital Region (NCR). We are also harnessing the potential of Transit-Oriented Development (TOD) in the region to foster vibrant, liveable communities," NCRTC managing director Shalabh Goel said.

Key Development Demand Near Delhi-Meerut Corridor

Improved connectivity has fueled growing demand for plotted developments, mid-rise apartments, and gated communities in Meerut. The expanding job market and emergence of educational hubs in the NCR region are also drawing in younger professionals and prospective homebuyers. Supporting this growth, the Meerut Development Authority's Master Plan 2031 has allocated 3,273 hectares for Transit-Oriented Development (TOD). Of this, 2,442 hectares have already been designated as TOD zones and special development areas, set to be serviced by both the Namo Bharat corridor and the upcoming Meerut Metro.

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"These areas are being developed as mixed-use hubs, featuring residential, commercial, educational and healthcare facilities within walkable distance from transit stations," NCRTC said in a statement. Pritam Mishra, a senior vice president at Paras Buildtech, said, "Property prices in areas along the Namo Bharat route have appreciated by 35 to 40 per cent, reflecting a structural shift driven by infrastructure-led demand."