The Metro Rail Policy of 2017 set national conditions for central funding of urban metro systems, requiring transit-oriented development, value-capture financing and feeder integration, and favouring private participation. It followed the success of the Delhi Metro, which had opened in 2002 and reshaped the capital's mobility and land values, and accompanied a rapid spread of metro projects to dozens of Indian cities. By tying funds to TOD and value capture it pushed states to link rail investment with land-use intensification around stations. It made transit-oriented planning explicit national policy.
It embedded transit-oriented development and value-capture financing in national policy as metro rail spread across Indian cities.
See it on the timeline →