Economy

Thane to get first Metro, Mumbai to get Metro 6 line

The state cabinet approved the two elevated corridor projects that will enable seamless east-west connectivity. The link will benefit people from both, the eastern and western suburbs.

Mumbai: To speed up Metro rail construction, the State Cabinet on Tuesday gave final approvals to the Metro-5 and Metro-6 lines.

Thane-Bhiwandi-Kalyan, Swami Samarth Nagar-Vikhroli routes to cost Rs 15,000 crore. Besides this, the metro 6 corridor will connect the S V Road, Western Express Highway, Jogeshwari-Vikhroli Link Road, L B S Road and Eastern Express Highway. "In the last three years, we have approved almost double the number of Metro projects which the previous government did not in the last 10 years", said state finance minister Sudhir Mungantiwar.

The stations linking the Metro 5 line will be Kalyan APMC, Kalyan, Sahajanand Chowk, Durgadi Fort, Kongaon, Govegaon MIDC, Rajouli Village, Temghar, Gopal Nagar, Bhiwandi, Dhaman-kar Naka, Anjur Phata, Purna, Kalher, Kasheli, Balkum-bh Naka and Kapurbawdi in Thane. The metro 5 corridor will eventually connect with the metro 4 line of Wadala-Thane-Kasarwadavli and metro 11 corridor between Taloja and Kalyan. The project will be implemented by MMRDA.

These two metro corridors put together will result into a continous 33 km-long metro network connecting the east to west in the city."This corridor will connect business hubs like SEEPZ, L&T and IIT Powai area".

The Metro 6 corridor earlier was planned to link Jogeshwari-Vikhroli to Kanjurmarg.

The 14.5 km and Rs6,672 crore Swami Samarth Nagar- Jogeshwari-Kanjurmarg-Vikhroli corridor will have 13 stations. According to MMRDA officials, a total of 360km-long Metro network will be constructed across the state, most of which will be in Mumbai and adjoining cities, in the next four to five years. The route will have its vehicle depot at Kanjurmarg.

Currently, the civil works are underway for three Metro corridors in the city namely Dahisar- DN Nagar Metro-2A, Dahisar East- Andheri East Metro-7 and Colaba-Bandra-Seepz Metro-3 underground corridor.



Like this

loading...
loading...

Latest


25 October 2017
Corker says Trump `debases' United States in feud that imperils tax plan
Asked if there are members of Congress who actually believe in an elusive Trump pivot, Tapper replied, "No, I don't think so". Corker's retirement plans also underscore the question of what the Republican Party will look like in years to come.

25 October 2017
Mazda Vision Coupe concept is a stunning four-door coupe
At the back, the minimalist theme continues with slim tail-lights, a simple bumper and quad exhaust outlets. Mazda says that the goal with the Vision Coupe concept was "the pursuit of a unique elegance".

25 October 2017
Reliance Nippon Life Asset Management IPO opens today
Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to Reliance Mutual Fund. Its proceeds will be used for branch expansion, upgrading technology and advertising, among others.

25 October 2017
The Walt Disney Company (NYSE: DIS)
Finally, Jefferies Group reaffirmed a "hold" rating on shares of The Walt Disney in a research report on Thursday, August 25th. State of Alaska Department of Revenue increased its stake in shares of Walt Disney Company (The) by 12.2% in the 1st quarter.

25 October 2017
Trump mette in stato di allerta i bombardieri b52
Altri Paesi stanno invece cercando di seguire una via diplomatica, soluzione che però non trova la Corea del Nord molto consenziente.

25 October 2017
FBI Foils ISIS-Inspired Plot to Bomb Miami Mall, Suspect Arrested
The Justice Department, in a Monday news release about the arrest, emphasized Solano's Honduran citizenship. The informant introduced Solano to two undercover agents, who supplied Solano with a hoax bomb.

25 October 2017
LeBron plays point, scores 34 as Cavs beat Bulls 119-112
That was after James moved to point guard because of injuries to Cavs point guards Isaiah Thomas and Derrick Rose . THE Cavaliers overcame a flat start to post a 119-112 victory on Tuesday in Cleveland (Wednesday, Manila time).

25 October 2017
It could cost $70 to get into Rocky Mountain National Park
The Park Service says it expects to raise $70 million a year with the latest proposal for parks mostly in the West. The proposal comes less than two years after numerous parks that charge entrance fees became more costly.

25 October 2017
Tractor Supply Company Earnings Watch & Stock Update
After posting $1.25 EPS for the previous quarter, Tractor Supply Company's analysts now forecast -45.60 % negative EPS growth. After a recent look, shares have been seen -7.08% from the 200-day moving average, and -2.71% from the 50-day moving average.

25 October 2017
The Amazon.com, Inc. (AMZN) Position Decreased by the Utah Retirement Systems
A month ago, they told us to expect earnings of US$1.75 per share while three months ago their EPS consensus estimate was US$2.63. Eric Sprott decreased its stake in Silver Std Res Inc (SSRI) by 59.57% based on its latest 2017Q2 regulatory filing with the SEC.