Real Estate News
October 24, 2016
Maharashtra authorities are intent on expanding the Mass Rapid Transit System (MRTS) network across Mumbai, Thane as well as Kalyan. Acting towards that goal, Mumbai Metropolitan Region Development Authority (MMRDA) has approved the Thane-Bhiwandi-Kalyan Metro line 5 and Lokhandwala-Jogeshwari-Vikhroli-Kanjurmarg Metro line 6.
The Mumbai Metro line 5 linking Thane, Bhiwandi, and Kalyan will be 24 km long with 17 stations while the Metro line 6, the Lokhandwala-jogeshwari-Vikhroli-Kanjurmarg corridor, will be 14.5 km long with 13 stations. Metro line 6 is an important East-West corridor which will decongest SV road, Link road, and JVLR. Both lines 5 and 6 will aid in taking the burden off the suburban railway networks.
These projects will need the State Cabinets approval before tenders for the same can be invited. Chief Minister Devendra Fadnavis announced that with the approval of these two new Mumbai Metro corridors, the Maharashtra government has cleared about 170 km of Metro network in Mumbai in two years. He asserted that all the projects will commence by 2018 and are expected to be completed within four years of launch.
Fadnavis further shared that the Detailed Project Report (DPR) for connecting Dahisar with Mira road via a Metro line will soon be prepared. The Mira road-Virar stretch has witnessed immense growth in population due to affordably priced housing options. However, this has caused overcrowding in trains that ply this area which hikes the occurrence of accidents.
At MCHI CREDAI Thane, we have gone one step ahead and would allow you Enjoy 360 days of MCHI Exhibition!