GDA nod to build 2.3-km long 4 lane elevated road

Ghaziabad: In a major move to decongest Ghaziabad busy nodes, the Ghaziabad Development Authority (GDA), on Friday, approved a proposal to build a 2.3-km long four lane elevated road at the heart of city in Ghanta Ghar, an area infamous for frequent traffic jams.

"The elevated road will be extending from Ghanta Ghar to Bhatia mod, which is in the middle of city. The Detailed Project Report (DPR) for the project has been completed and we will now move ahead with the tender procedure for it. Once completed the road will help in reducing traffic congestion in this area,'" said Dr Prabhat Kumar, Chairman, GDA.

According to GDA officials, the elevated road project will cost Rs 253 crore to the authority and will provide seamless flow of traffic from Shahdra to GT road at lal Kuan. A 7.5 meter wide service road will also be constructed at both sides under the elevated road.

The decision was taken at authority's board meeting that was held on Friday. The board majorly focused on the infrastructural growth in the city and allocated a budget of Rs 800 crore for various infrastructural projects which included a Foot over-bridge (FOB) at Mohan Nagar, two multi-level parkings at RDC and Swarn Jayanti Park and U-turns at Raj Nagar extension, Modinagar and Muradnagar area.

In other major decisions taken, the authority has also cut the interest rates, that are applicable on all the residential housing schemes, by 1.5 per cent.

"Residential allotments would incur an interest rate of 10.50 % while for commercial schemes the rates have been reduced to 11 % from 12 %. All the penalties have also been reduced by 1 % on the dues to be cleared by an allottee,"

added Kumar.