Mumbai metro to have private entry for developers
  1. Home
  2. Infrastructure Transport
  3. RAILWAYS & METRO RAIL
  4. Mumbai metro to have private entry for developers
RAILWAYS & METRO RAIL

Mumbai metro to have private entry for developers

07 Nov 2022 CW Team
Metro 3 will be India's first network to offer private pedestrian subway access linked to stations. The project has attracted the attention of eight private entities that will serve as developers. Across its 32-kilometer underground corridor, each of the six stations has three developers interested.

These private entities will have exclusive rights to use the subway, which will be linked to the stations, for their employees and clients. The Mumbai Metro Rail Corporation (MMRC), which is building this corridor, expects Phase I (Aarey to BKC) to open in December 2023 and the entire network up to Cuff Parade to open in July 2024.

The private access corridor will be built by MMRC but the cost will have to be borne by all the private entities. In case multiple developers are sharing a common subway the operations and maintenance (O&M) cost will be borne by the developers proportionately.

Also Read
Kochi Metro preparing detailed plan for two cities
PCMC- Last elevated route to range hill station in pune completed

Discover the Cement Expo! Click the button below to explore all the event details.

Visit Cement Expo Website

Metro 3 will be India's first network to offer private pedestrian subway access linked to stations. The project has attracted the attention of eight private entities that will serve as developers. Across its 32-kilometer underground corridor, each of the six stations has three developers interested. These private entities will have exclusive rights to use the subway, which will be linked to the stations, for their employees and clients. The Mumbai Metro Rail Corporation (MMRC), which is building this corridor, expects Phase I (Aarey to BKC) to open in December 2023 and the entire network up to Cuff Parade to open in July 2024. The private access corridor will be built by MMRC but the cost will have to be borne by all the private entities. In case multiple developers are sharing a common subway the operations and maintenance (O&M) cost will be borne by the developers proportionately. Also Read Kochi Metro preparing detailed plan for two cities PCMC- Last elevated route to range hill station in pune completed

Previous
Bengaluru Metro phase 3 gets in-principle approval

Next
Kochi Metro to prepare plan for Kozhikode, TVM projects

Related Stories

Gold Stories

Opinion Poll

Question : What are you most interested in Construction Technology?

Latest updates

ECONOMY & POLICY
06 Dec 2023

Bihar Cabinet Greenlights Progressive Electric Vehicle Policy

ECONOMY & POLICY
06 Dec 2023

PM GatiShakti Celebrates Two Years, Hosts 61st NPG Meeting

PORTS & SHIPPING
06 Dec 2023

Visakhapatnam Port Achieves Milestone records Historic Alumina Handling

Real Estate
06 Dec 2023

Indian Army Selects 34 In-House Innovations for Operational Solutions Development

Real Estate
06 Dec 2023

Housing Prices Surge in 41 Cities, Including Delhi and Mumbai

RAILWAYS & METRO RAIL
06 Dec 2023

Underwater Transit: Kolkata Metro Gears Up to Commence Operations Soon

RAILWAYS & METRO RAIL
06 Dec 2023

Noida Metro Seeks Approval for Aqua Line Metro Corridor Expansion

WATER & WASTE
06 Dec 2023

Tenders Floated for Integrated Water Management System in Haryana

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram