October 2016 | Back to all Real Estate Articles
The Maharashtra Cabinet today approved two lines -- D N Nagar-Bandra-Mankhurd and Wadala-Ghatkopar-Thane-Kasarvadavli in the Mumbai Metro corridor worth Rs 25,535 crore.
The Cabinet chaired by Maharashtra Chief Minister Devendra Fadnavis also approved Detailed Project Report of the Mumbai Metro 2B corridor of D N Nagar-Bandra-Mankhurd (23.5 km) and Metro 4 corridor -- Wadala-Mulund-Thane-Kasarvadavli, which is 32.32 km long.
While the Metro 2B corridor will cost Rs 10,986 crore, the other corridor will cost Rs 14,549 crore.
Principal Secretary of Urban Development Department said the project is to be completed within next three years.
"At present it is not decided to whether to adopt the segment wise construction module as in the case of the Dahisar-Andheri metro line or not. Mumbai Metropolitan Region Development Authority (MMRDA) will do the civil work while the state and Center will share 50 per cent of the loan component and Asian Development Bank and World Bank will provide the rest of the loan component," he said.
The Metro 2B corridor will have 22 stations on the route.
The route traverses through D N Nagar, Nanavati Hospital, Khira Nagar, National College, MMRDA, Kurla Terminal, Eastern Express Highway, Diamond Garden, Chembur and Mankhurd.
There will be interchange available at - D N Nagar (Metro Line 1), Bandra Suburban, ITO junction (Metro Line 3), Kurla East (Suburban and Metro Line 4), Chembur (Mono Rail) and Mankhurd (Suburban, CST-Panvel fast corridor, Mumbai and Navi Mumbai Airport fast corridor).
The metro car depot will be located at Mandala near Navi Mumbai.The Metro 4 corridor will have 32 stations.
The route traverses through Wadala Depot, Bhakti Park Metro, Amar Mahal junction, Shreyas Cinema, Godrej company, Vikhroli Metro, Bhandup Mahapalika, Mulund Naka, Teen Haath Naka (Thane), Cadbury Junction, Majiwada, Kapurbawdi, Manpada, Tikuji-ni-wadi and Kasarvadavali with a car depot at Owale.
The route will have interchanges at Wadala (Monorail), Kurla Eastern Express Highway (Metro Line 2B) and Kapurbawdi (Metro Line 5).Besides this, there are three Metro corridors in Mumbai with a total investment of Rs 61,289 crore.
These include - 18.5 Km, Rs 6,410 crore Dahisar to D N Nagar Metro 2A corridor, the Colaba-Bandra-SEEPZ Metro 3 corridor is 33.5 Km and costs Rs 23,136 crore and the 16.5 Km Dahisar East to Andheri East Metro 7 corridor costs Rs 6,208 crore.