+
Cost of Mumbai Metro 3 sees a 44% surge to Rs 231.36 bn
RAILWAYS & METRO RAIL

Cost of Mumbai Metro 3 sees a 44% surge to Rs 231.36 bn

The Eknath Shinde-Devendra Fadnavis government in Maharashtra is set to approve an increase in the cost of the Colaba-Bandra-SEEPZ Metro 3 project to Rs 334.06 billion from Rs 231.36 billion, a rise of Rs 102.70 billion, or about 44%.

The state cabinet, at its meeting slated for this week, is expected to approve the proposal.

Several reasons are being cited for the increase, including the time taken in excavation owing to the presence of basalt rock, adoption of bottom-up construction technology for want of space, additional cost incurred on account of rocky layers and the need to dispose of them, and the need to erect temporary steel decks for road traffic to allow construction of underground stations, as many of them are in congested areas.

Yet another reason for the cost escalation is that Metro 3 stations have to accommodate eight coaches as against the six used by the Delhi Metro. Moreover, labour and accommodation are more expensive in Mumbai.

The state government’s approval came days after it allowed the Mumbai Metro Rail Corporation (MMRCL) to resume work on the Metro 3 car shed at Aarey Colony in Goregaon (East).

A senior official with the state urban development department said the loan needed for the project from the Japan International Cooperation Agency (JICA) has increased by Rs 66.89 billion to Rs 199.24 billion.

The state government will have to bear an paltry additional cost of Rs 1.33 billion as its contribution has gone up to Rs 25.54 billion from Rs 24.21 billion. But its share capital in the project will have to be increased to Rs 36.99 billion from Rs 24.02 billion. This amount will come from the Mumbai Metropolitan Region Development Authority (MMRDA) and is to be used for land acquisition, rehabilitation and tax.

See also:
Kochi water metro services to start in September
NHSRCL finishes 75 km pier work of MAHSR


The Eknath Shinde-Devendra Fadnavis government in Maharashtra is set to approve an increase in the cost of the Colaba-Bandra-SEEPZ Metro 3 project to Rs 334.06 billion from Rs 231.36 billion, a rise of Rs 102.70 billion, or about 44%. The state cabinet, at its meeting slated for this week, is expected to approve the proposal. Several reasons are being cited for the increase, including the time taken in excavation owing to the presence of basalt rock, adoption of bottom-up construction technology for want of space, additional cost incurred on account of rocky layers and the need to dispose of them, and the need to erect temporary steel decks for road traffic to allow construction of underground stations, as many of them are in congested areas. Yet another reason for the cost escalation is that Metro 3 stations have to accommodate eight coaches as against the six used by the Delhi Metro. Moreover, labour and accommodation are more expensive in Mumbai. The state government’s approval came days after it allowed the Mumbai Metro Rail Corporation (MMRCL) to resume work on the Metro 3 car shed at Aarey Colony in Goregaon (East). A senior official with the state urban development department said the loan needed for the project from the Japan International Cooperation Agency (JICA) has increased by Rs 66.89 billion to Rs 199.24 billion. The state government will have to bear an paltry additional cost of Rs 1.33 billion as its contribution has gone up to Rs 25.54 billion from Rs 24.21 billion. But its share capital in the project will have to be increased to Rs 36.99 billion from Rs 24.02 billion. This amount will come from the Mumbai Metropolitan Region Development Authority (MMRDA) and is to be used for land acquisition, rehabilitation and tax.See also: Kochi water metro services to start in September NHSRCL finishes 75 km pier work of MAHSR

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?