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SBI, IDBI's plea dismissed by NCLT.
Bidders were obligated to provide an earnest money deposit of Rs 5 million.
Metro-4 corridor from Wadala to Thane eliminates the stations
MMRDA will allocate another 15% from its own funds.
MRIDC has allotted Rs 3.5 billion for the ambitious project
Company holds 74% stake in the Versova-Andheri-Ghatkopar metro corridor
The project will be implemented as a cluster redevelopment.
Under the second phase, MIDC is responsible for improving 21.28 km of roads
Once both lines are fully functioning, traffic on the roads will reduce.
To start the works by March 2023
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