Draft plan for the DN Nagar-Mankhurd corridor of Mumbai Metro approved

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the draft plan for the DN Nagar-Mankhurd corridor (Phase 2B) of the Mumbai Metro Phase I, Line 2 project (Dahisar-Charkop-Bandra-Mankhurd). According to the draft plan, the project will cover a total length of 23.6 km, connecting DN Nagar to Mandale near Mankhurd. The corridor will have 22 stations and is expected to cater to about 1.05 million commuters by 2031. The total cost of the corridor is estimated at Rs 109.7 billion, of which, MMRDA will provide Rs 37.7 billion towards the entire civil construction work, while the remaining amount will be provided by the Asian Development Bank. MMRDA’s share will be financed with the help of its internal accruals, premium on additional floor space index, stamp duty surcharge, etc. The corridor is likely to be completed by end-2019.

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