India, Nov. 11 -- The Union Cabinet on November 11 approved the extension of the Aqua Line Metro corridor from Noida Sector 51 to Greater Noida Sector 4 at an estimated cost of Rs.2,390 crore. The 8.449-km elevated stretch will have five stations and provide an interchange with the Delhi Metro's Blue Line at Noida Sector 61, improving connectivity between Noida and Greater Noida. Real estate experts said the extension could enhance the appeal of well-planned residential projects near metro stations, while improving connectivity for IT companies and global capability centres (GCCs) along the route. However, the actual impact on property markets will become clearer as the project progresses towards implementation and eventual operations.

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