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Real Estate Forum on Mumbai Metro Rail Corporation

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Process to Procure Rakes for Mumbai Metro-III Corridor begins and bids for Colaba-Bandra-SEEPZ Metro floated.
Latest Answer: And if there is delay in bid process, there has been change on all these indices because of which civil work cost itself is likely to increase by Rs 5000 crore. As per the planning, the work is always given priority at the end where the car depot is planned. Since, the depot is going to shift to Kanjurmarg from Aarey, it is but obvious that work on Kanjurmar-Seepz will begin and conclude first.
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Q: It is estimated that the 3rd phase of the project cost Rs 23136 cr and will be developed on a cash-contract basis, not under the build-operate-transfer model.
Latest Answer: After the completion of this project, it is expected that the corridor will be completed by FY20 which will carry 1.39 million commuters daily by 2021 and 1.7 million a day by 2031.
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Q: MMRDA has issued notices to 58 of a total of 147 buildings located close to the proposed stations for Metro-3 in Mumbai.
Latest Answer: But residents of those locality should also think that the Metro-III project is for Mumbai and Mumbaikars. The city is about to witness a great development because of this project. Suburban trains will be decongested and they will be able to save 15-20 invaluable lives daily that they lose today.
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Latest Answer: @Sunil, The main objectives of the project is to prepare a traffic dispersal model for potential movability and connectivity, develop North-South road links in the suburbs including a Mass Rapid Transit connectivity, provide bus terminal / bus depots and to create facilities for passengers, make strong East-West connectivity in the suburbs, remove level crossing in Mumbai, provide efficient and fast public transport corridors, Facilitate safe and convenient movement for pedestrians, provide high capacity uninterrupted road connection to both the Airports etc.
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