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Maharashtra govt clears 2 more Metro lines for Mumbai

Govt has also decided to introduce single fare for Metro 2A, 2B, 4 and 7 lines — with maximum one-way ticket costing not more than Rs80

Updated on: Sep 28, 2016, 00:23:24 IST
Hindustan Times | By , Mumbai
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The Maharashtra government on Tuesday approved two more Metro lines — Metro 2B: connecting DN Nagar-Bandra-Mankhurd and Metro 4: connecting Wadala-Ghatkopar-Teen Hath Naka and Kasarvadavli. The approval for both the projects is expected to make commuting much easier and faster.

The 172-km-long  Metro network is one of the most important cornerstones of chief minister Devendra Fadnavis’s government, which is likely to be highlighted ahead of the crucial 2017 civic polls (Pic for representation/ HT photo)
The 172-km-long  Metro network is one of the most important cornerstones of chief minister Devendra Fadnavis’s government, which is likely to be highlighted ahead of the crucial 2017 civic polls (Pic for representation/ HT photo)

The 172-km-long Metro network is one of the most important cornerstones of chief minister Devendra Fadnavis’s government, which is likely to be highlighted ahead of the crucial 2017 civic polls. The approvals were issued during a state ministerial council meeting chaired by Fadnavis.

Besides approving the two projects, the government also decided to introduce a single tariff system for the four Metro corridors approved so far — Metro 2A, 2B, 4 and 7 — with the maximum one-way ticket costing not more than Rs80. Officials from the urban development department told HT that commuters would no longer be required to buy separate tickets while travelling on any of the four Metro lines while covering a distance of 93-km.

For instance, a commuter can travel from Dahisar to Thane on a single ticket worth Rs80. While the minimum fare for a 3-km ride will be Rs 10 and will go up to Rs80 as the distance increases. However, the fare fixation committee has been given all the rights for making changes in the tariff system, sources said.

It has been learnt that commuters would be paying indirectly to help the state recover a part of the project cost by paying additional 1% stamp duty (wherever applicable) while making purchases along the Metro corridors. The state cabinet also gave an in principle nod for transport oriented development (TOD) in the influence areas along the Metro corridors. It means that extra floor space index (FSI) will be given by the municipal corporation in exchange for a premium and from the total revenue generated, 50% will be passed on to the state, which in turn will be used to fund the other Metro projects. A similar approval has been given for levying a development charge on developers in the influence areas when they get their plans cleared from the building proposal department. Also, a proposal to levy a surcharge on stamp duty by 1% on the sale and transfer of flats in the areas around the metro was cleared.

“A separate notification will have to issued for implementing transit oriented development, as well as levy of development charges and stamp duty surcharge. This is only an in principle approval,’’ said UPS Madan, Mumbai Metropolitan Region Development Authority (MMRDA) commissioner.

Project update

Metro 2B, covering 22-km, has been pegged at Rs10,896 crore. While the MMRDA, the implementing agency of the Metro projects, will fund around Rs3,727 crore, the state’s share will be about Rs 2,564 crore. The remaining Rs4,695 will be borrowed as credit assistance, the official said.

The 27-km long Metro 4 project will cost the state exchequer around Rs14,599 crore. Of the total amount, MMRDA will provide Rs6,940 crore, while Rs 3,693 crore will be provided by the state. The rest, Rs 3,916 crore, will be borrowed as credit assistance.

Metro 2A: connecting Dahisar and DN Nagar and Metro 7: connecting Andheri East to Dahisar East, were already approved by the state government last year.

 
ABOUT THE AUTHOR
Faisal Malik

Faisal Malik is a senior journalist with over two and a half decades of experience covering Maharashtra’s politics, governance and public policy with a deep understanding of the state’s political landscape. He is a Senior Assistant Editor at Hindustan Times and has been associated with its Mumbai edition for more than a decade. Based in Mumbai, Faisal currently covers three major political parties in Maharashtra — Congress, Nationalist Congress Party (NCP) and NCP (Sharad Pawar). Over the years, he has extensively reported on major political developments, combining investigative insights with in-depth field reporting. His coverage has spanned a wide range of issues, from drought, farmer suicides, major development projects and grassroots challenges to major electoral battles, including three Lok Sabha and Maharashtra Assembly elections — 2014, 2019 and 2024. Before joining Hindustan Times, he worked with ‘The Asian Age’ and ‘Dainik Bhaskar’. An avid tea enthusiast, he enjoys reading history, Urdu literature and classical poetry. When away from the newsroom, he writes Urdu poetry inspired by human emotions, life's experiences, meaningful reflections and relationships. An amateur photographer, Faisal is passionate about capturing moments that often go unnoticed by the naked eye.

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