Aarey depot 99.5% complete, Metro 3 phase 1 ready to launch

28 May 2024 CW Team

Mumbai Metro Rail Corporation (MMRCL) reported that the Aarey depot is 99.5% complete, preparing for Phase 1 operations of Metro 3, spanning from Aarey to Bandra-Kurla Complex. Integrated trial runs for this phase have already started, and MMRCL plans to invite the Research, Design, and Standards Organisation (RDSO) to supervise critical aspects of the trials and commissioning.

Only minor finishing works and system testing and trials are currently underway. Although the depot is ready, the Operations and Control Centre will not be fully operational for Phase 1. Instead, the initial operations will be managed by a backup Operations and Control Centre at Bandra-Kurla Complex.

The depot covers 30 hectares, with five hectares left untouched, while the remaining 25 hectares accommodate a station in addition to the depot. This facility includes maintenance, operational, administrative, and training areas. The depot, designed to house 30 trains of eight cars each, is being built at a cost of Rs 3.28 billion.

The performance and efficiency of the Metro network will significantly rely on the functionality of the Operations and Control Centre, which monitors real-time data on train movements, station activities, and passenger flow to ensure smooth and efficient service. This centre also coordinates emergency responses, managing communication with emergency services and deploying resources as needed.

At any given time, up to 20 trains will be stabled, with some positioned at terminal stations like Cuffe Parade and Bandra-Kurla Complex, ready to commence services in the morning. The project experienced a three-year delay due to litigation over the car depot issue. The depot is essential for train operations, serving as the nerve centre of Metro 3. Without it, trains cannot run.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..