Maharashtra cabinet approved the construction of two Metro rail corridors DN Nagar-Bandra-Mankhurd (Metro line 2B) and Wadala-Ghatkopar-Thane-Kasarvadavli (Metro-4) with an investment of Rs 25,535 crore.
While the 23.5-km long DN Nagar-Bandra-Mankhurd corridor is estimated Rs 10,986 crore and corridor will have 22 stations. The interchange will be available with Metro Line 1 at D. N. Nagar, Suburban rail network Bandra, ITO junction (Metro Line-3), Kurla East (Suburban & Metro Line 4), Chembur (Monorail) and Mankhurd.
The 32 km-long Wadala-Ghatkopar-Thane-Kasarvadavli (Metro-4) corridor will have 32 stations, the estimated cost of this corridor is Rs 14, 549 crore. The major route of Metro-4 would be Amar Mahal Junction, Godrej Company, Vikhroli Metro, Bhandup Metro, Mulund Fire Station Naka, Teen Haath Naka and Cadbury Junction. In this route, the interchange will be available at Wadala (Monorail), Kurla EEH (Metro Line 2B) and Kapurbawdi (Metro Line 5).
Real estate market around these metro stations would see the jump due to transpiration facility.
The both the corridors are expected to be completed in 2021-22 and the daily ridership of Metro-2B would be 8.099 Lakh and Metro-4 would be 8.7 Lakh, said the MMRDA.
Mumbai Metropolitan Region Development Authority (MMRDA) is the nodal agency for implementing all metro rail corridors in the city.
As per media reports, Centre and Maharashtra government will share the 50% of the loan component and rest 50% loan is expected from World Bank and Asian Development.
Three other metro rail corridors that are approved and will be implemented in the city include, Dahisar to D.N.Nagar Metro-2A Corridor (18.5-km) at a cost of Rs. 6,410 crore, the longest metro corridor Colaba-Bandra-Seepz Metro-3 Corridor (33.5km) the estimated cost of the project is Rs. 23,136 crore and Dahisar-East to Andheri-East Metro-7 corridor (16.5-km) at a cost Rs. 6,208 crore, these metro projects are in different stages of construction and tendering.
The planning stage and the only single metro rail line which is operational in the city is 11.40 km Versova-Andheri-Ghatkopar (Line-1).
In July this year consortium of L&T-STEC, HCC-MMS, Dogus-Soma, CEC-ITDCEM-TPL and J Kumar-CRTG have been awarded seven contract packages for civil work of the entire section of 33.5 km long Colaba-Bandra-Seepz Metro-3 corridor, the project is being funded by Japan International Cooperation Agency (JICA), it is funding 57% of the project.
Over the next five years during the construction period of this transport infrastructure projects will require huge construction and material handling equipment in and around the Mumbai city. These companies would look new and used construction and material handling equipment for the completion of the metro rail projects. The trend of renting construction machinery is on the boom; companies could also prefer to rent the equipment, which could help these companies to reduce the investment on projects.
Multi-functional equipment like Excavators, Backhoe loaders, Tippers, material handling equipment like cranes, forklifts, concrete machinery such as concrete pumps, batching plants and other could see the demand during the construction of the projects.
Source: Information has been obtained from MMRDA, HT, TNN, Free Press Journal & other
While the 23.5-km long DN Nagar-Bandra-Mankhurd corridor is estimated Rs 10,986 crore and corridor will have 22 stations. The interchange will be available with Metro Line 1 at D. N. Nagar, Suburban rail network Bandra, ITO junction (Metro Line-3), Kurla East (Suburban & Metro Line 4), Chembur (Monorail) and Mankhurd.
The 32 km-long Wadala-Ghatkopar-Thane-Kasarvadavli (Metro-4) corridor will have 32 stations, the estimated cost of this corridor is Rs 14, 549 crore. The major route of Metro-4 would be Amar Mahal Junction, Godrej Company, Vikhroli Metro, Bhandup Metro, Mulund Fire Station Naka, Teen Haath Naka and Cadbury Junction. In this route, the interchange will be available at Wadala (Monorail), Kurla EEH (Metro Line 2B) and Kapurbawdi (Metro Line 5).
Real estate market around these metro stations would see the jump due to transpiration facility.
The both the corridors are expected to be completed in 2021-22 and the daily ridership of Metro-2B would be 8.099 Lakh and Metro-4 would be 8.7 Lakh, said the MMRDA.
Mumbai Metropolitan Region Development Authority (MMRDA) is the nodal agency for implementing all metro rail corridors in the city.
As per media reports, Centre and Maharashtra government will share the 50% of the loan component and rest 50% loan is expected from World Bank and Asian Development.
Three other metro rail corridors that are approved and will be implemented in the city include, Dahisar to D.N.Nagar Metro-2A Corridor (18.5-km) at a cost of Rs. 6,410 crore, the longest metro corridor Colaba-Bandra-Seepz Metro-3 Corridor (33.5km) the estimated cost of the project is Rs. 23,136 crore and Dahisar-East to Andheri-East Metro-7 corridor (16.5-km) at a cost Rs. 6,208 crore, these metro projects are in different stages of construction and tendering.
The planning stage and the only single metro rail line which is operational in the city is 11.40 km Versova-Andheri-Ghatkopar (Line-1).
In July this year consortium of L&T-STEC, HCC-MMS, Dogus-Soma, CEC-ITDCEM-TPL and J Kumar-CRTG have been awarded seven contract packages for civil work of the entire section of 33.5 km long Colaba-Bandra-Seepz Metro-3 corridor, the project is being funded by Japan International Cooperation Agency (JICA), it is funding 57% of the project.
Over the next five years during the construction period of this transport infrastructure projects will require huge construction and material handling equipment in and around the Mumbai city. These companies would look new and used construction and material handling equipment for the completion of the metro rail projects. The trend of renting construction machinery is on the boom; companies could also prefer to rent the equipment, which could help these companies to reduce the investment on projects.
Multi-functional equipment like Excavators, Backhoe loaders, Tippers, material handling equipment like cranes, forklifts, concrete machinery such as concrete pumps, batching plants and other could see the demand during the construction of the projects.
Source: Information has been obtained from MMRDA, HT, TNN, Free Press Journal & other
