Mumbai metro to have private entry for developers
RAILWAYS & METRO RAIL

Mumbai metro to have private entry for developers

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

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

Next Story
Real Estate

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie.   Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Next Story
Equipment

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision.  Hussain S..

Next Story
Infrastructure Energy

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?