The presence of commercial activity and active real estate development plays a decisive role in shaping investment sentiment, increasing investment intention by 10.2 times and 7.7 times respectively.
The findings also point to a clear opportunity for decentralization: 38 percent of respondents are open to moving outside core urban centers; However, this willingness is closely linked to the availability of supporting social infrastructure, underscoring the importance of integrated residential, commercial and social development in unlocking the full investment potential of RRTS corridors, the report said.
“The RRTS is a critical infrastructure intervention for India’s urban and regional transport landscape as commuters value time savings, safety and reliability, and are ready to adopt modern transport solutions when connectivity works seamlessly,” said Shishir Baijal, International Partner, Chairman and Managing Director of Knight Frank India.
For policy makers and urban planners, integration, both in terms of mobility and urban development, is crucial. For investors and developers, RRTS corridors represent tangible opportunities for growth where infrastructure aligns with land use planning and commercial momentum, he said.
The RRTS – exemplified by the flagship Delhi-Ghaziabad-Meerut corridor being developed by the National Capital Region Transport Corporation (NCRTC) – has already started its phased rollout. The corridor, approved at a cost of over Rs 30,000 crore, will eventually cover 82 km and dramatically reduce the travel time between Delhi and Meerut to less than an hour.
The priority section of the system has become operational and the continued funding reflects the government’s continued commitment to completing the project.
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