▁modern ▁met ro ▁system ▁in ▁the ▁world . ▁However , ▁it ▁was ▁not ▁the ▁first ▁fully ▁priv ately ▁fin anced ▁rapid ▁trans it ▁system , ▁as ▁the ▁Metropolitan ▁Railway ▁was ▁priv ately ▁fin anced . ▁The ▁Rap id ▁Metro ▁project ▁was ▁implemented ▁as ▁a ▁public - private ▁partners hip . ▁The ▁entire ▁cost ▁of ▁the ▁project ▁was ▁bor ne ▁by ▁the ▁private ▁party ▁and ▁the ▁H ary ana ▁Government ▁only ▁provided ▁right ▁of ▁way ▁on ▁l ▁ease ▁hold ▁basis . ▁The ▁private ▁party ▁was ▁also ▁task ed ▁with ▁maintenance ▁and ▁operation ▁of ▁the ▁met ro ▁at ▁its ▁own ▁cost . ▁While ▁H U DA ▁initially ▁object ed ▁to ▁a ▁private ▁company ▁making ▁profit ▁from ▁public ▁transport , ▁an ▁agreement ▁was ▁eventually ▁reached ▁for ▁the ▁cons ort ium ▁to ▁pay ▁H U DA ▁ ▁over ▁ 3 5 ▁years ▁in ▁" connect ivity ▁charges " ▁as ▁well ▁as ▁ 5 – 1 0 % ▁of ▁advert ising ▁and ▁property ▁development ▁re venue . ▁ ▁The ▁contract ▁for ▁the ▁ ▁project ▁was ▁awarded ▁in ▁July ▁ 2 0 0 9 , ▁with ▁completion ▁scheduled ▁in ▁ 3 0 ▁months ' ▁time . ▁The ▁foundation ▁stone ▁was ▁laid ▁on ▁ 1 1 ▁August ▁ 2 0 0 9 . ▁The ▁line ▁was ▁built ▁and ▁is ▁operated ▁by ▁Rap id ▁Metro ▁G urg a on ▁Limited ▁( R M GL ). ▁The ▁project ▁was ▁estimated ▁to ▁cost ▁ ▁as ▁of ▁October ▁ 2 0 1 2 . ▁ ▁Origin ally ▁planned ▁to ▁open ▁in ▁ 2 0