Mumbai Urban Transport Project receives Rs 5.79 bn from Indian Railways

05 Feb 2019 CW Staff

The Indian Railways has been reportedly allotted funds for improving the suburban rail system and its expansion in Mumbai. The Indian Railways has sanctioned Rs 5.79 billion for various phases of Mumbai Urban Transport Project (MUTP). The funds have been reportedly approved for the ongoing projects along with the expansion of suburban rail.

These projects fall under MUTP and the remaining half of the sanctioned Rs 5.79 billion is expected to be provided by the Maharashtra Government. The MUTP-3A, which is worth Rs 547.7 billion, has reportedly received funds of Rs 500 million. These include new rail corridors of a fast line between CSMT-Panvel, Panvel-Virar, extending harbour line on Goregaon-Borivali stretch, five-six lines on Borivali-Virar, three-four lines on Kalyan-Badlapur and fourth line on Kalyan-Asangaon. It is touted to be the largest funded rail project ever in the history.

Also, by the end of February, the MUTP-3A is expected to get a clearance from the cabinet of ministers. This being the last stage, the work on the multi-million project is expected to commence soon.

Rs 2.45 billion has been reportedly sanctioned for projects that have been going on for over a decade under MUTP-2 . These include Thane-Diva five-six lines, sixth line between Mumbai Central-Borivali and five-six lines between Kurla-CSMT. All these lines will segregate suburban trains from long distance ones.

Besides, MUTP-3 has got Rs 2.84 billion, which will be in addition to Rs 5.19 billion that was received last year in the budget.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..