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Metro

New funding model proposed for metro projects in Mumbai

New funding model proposed for metro projects in Mumbai
Maharashtra Chief Minister has claimed that there will be a new funding model for all the proposed metro projects in the state. The CM announced it recently in the Legislative Council after the central government turned down the proposal of relaxing the norms used for providing the funds for metro projects. The projects were supposed [...] Continue Reading »

Majestic to have metro station

Majestic to have metro station
The BMRCL has come up with a metro project, Majestic interchange station, where north-south and east-west corridors of Namma Metro will intersect. The Bangalore metro Rail Corporation Limited (BMRCL) has set a budget of Rs 277 crore for the project. As per plan, there will be two level underground stations, the east-west corridor will be [...] Continue Reading »

Bangalore metro to run till 11: 30pm today

Bangalore metro to run till 11: 30pm today
Good news for people who are planning to watch IPL match today. The metro train services have been extended from 10 pm to 11:30 pm. The trains will operate at a frequency of 15 minutes. The last train will leave Byappanahalli at 11:10 pm to MG Road and will leave MG Road at 11.30pm to [...] Continue Reading »

Noida Metro project expected to start from May

Noida Metro project expected to start from May
After a long pause, the work on all the four Metro projects in Gautam Budh Nagar district is expected to resume in May this year. The work was stopped for several months due to various reasons. As per some reports, Noida authority officials have taken this matter seriously and is working hard to complete all [...] Continue Reading »

Residents demand clarity on metro routes in western Mumbai suburbs

Residents demand clarity on metro routes in western Mumbai suburbs
The proposed Charkop-Bandra-Mankhurd metro line (CBM) is not yet sanctioned and not to be executed soon. However, the residents feel that it is unfair for the Mumbai Metropolitan Region Development Authority (MMRDA) to give unnecessary reasons of starting the project and making it an elevated corridor. The residents in the western suburbs of Mumbai are [...] Continue Reading »

Nagpur Metro Rail project gets Maharashtra govt nod

Nagpur Metro Rail project gets Maharashtra govt nod
Nagpur- The elevated Nagpur Metro Rail project has been approved by the Maharashtra government. The estimated cost of this metro project is around Rs 7,350 crore. The project will be implemented by Nagpur Improvement Trust (NIT). The metro proposal will be soon forwarded to central government for approval, said Chief Minister. The Detailed Project Report [...] Continue Reading »

Rapid metro Phase 2 bagged loan deal for expansion

Rapid metro Phase 2 bagged loan deal for expansion
The Metro firm has signed a loan arrangement for the second phase of the Intra City rapid metro project, while the first phase is all set to start in Gurgaon this May. The Rapid Metro Rail Gurgaon South Limited (RMGSL), the Special Purpose Vehicle (SPV) is formed for taking of the phase 2 project, has [...] Continue Reading »

Gurgaon real estate benefitted by monorail

Gurgaon real estate benefitted by monorail
The new monorail project will not only benefit the commuters, but the real estate of Gurgaon and Faridabad will also be impacted. The monorail, connecting Gurgaon to Faridabad, is expected to start in April or May 2013 as the trials are over. This monorail will connect areas like  DLF 1, 2, 3, 4 and 5 [...] Continue Reading »

L&T Hyderabad Metro’s revenue plan

L&T Hyderabad Metro’s revenue plan
Hyderabad- L&T Metro Rail Hyderabad Limited project is developed on a revenue model which aims to collect 50 percent revenue from passenger fares, 45 percent revenue from property development and the remaining five percent from advertisement and other miscellaneous sources. The Rs 14,132-crore metro rail project is one of the largest urban infrastructure projects in [...] Continue Reading »

Cabinet approves commuter rail project

Cabinet approves commuter rail project
Commuter Rail System (CRS) for Bangalore has got green signal from the state government. The project will benefit denizens in six districts surrounding the city, namely, Chikkaballapur, Kolar, Tumkur, Mandya, Ramnagar and Bangalore Rural, by providing quicker connectivity. A senior government official said that the authorities have asked all the respective departments to prepare detailed [...] Continue Reading »



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