PM kicks off Rs 33,000 cr metro, low-cost housing projects in Mumbai region


With an eye on the 2019 general elections, Prime Minister Narendra Modi on Tuesday laid foundation stones for two metro lines and affordable housing projects involving investment worth over Rs 33,000 cr in the megapolis.


At an event held here, Modi kickstarted work on the ambitious Thane-Bhiwandi-Kalyan (Metro 5) and the Dahisar-Mira Bhayander (Metro 9) in this Mumbai suburb, which will see investments of over Rs 15,000 cr.


He also launched the Navi Mumbai town planning authority Cidco's (City & Industrial Development Corporation (Cidco) mass-housing scheme worth Rs 18,000 cr that would develop around 89,771 affordable units under the Pradhan Mantri Awas Yojana.


Accompanied by state chief minister Devendra Fadnavis and Union urban development minister Hardeep Singh Puri, Modi laid the foundation stones for the these three projects.


The Rs 8,416-cr, 24.9-km-long Thane-Bhiwandi-Kalyan metro corridor (Metro-5) is expected to carry around 2.29 lakh commuters daily by 2021, with the entire system designed for six-coach trains. The corridor will have 17 stations.


The 10.3-km elevated Dahisar-Mira Bhayander corridor (Metro-9) comprising eight stations, is expected to be completed by 2022, and the cost of the project is estimated at Rs 6,607 cr.


Both the projects are being executed by the Mumbai Metropolitan Region Development Authority (MMRDA).
As per the proposal, Metro-9 will be integrated with Metro-7 (Dahisar to Andheri) and Metro-2A (Dahisar -DN Road) along with the proposed Rs 3,600-cr Gaimukh-Shivaji Chowk (Mira Road or Metro-10).


The tendering process to appoint general consultants and contractors for civil works for Metro 9 is in progress, and is expected to commence from next March.

Written by The Realty Paper

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