By Staff www.thehindubusinessline.com
The ground breaking ceremony for the third line of Mumbai metro would be held on Tuesday. The 32.5 km line will connect Colaba in South Mumbai with Andheri in Western suburbs. It would be the first metro line in the city, which would be fully underground.
This line would be the first to be constructed by the newly constituted Mumbai Metro Rail Corporation Ltd, which is a special purpose vehicle of the Mumbai Metropolitan Region Development Authority (MMRDA).
The line is likely to be completed by 2021 and it will cost about Rs. 23,136 crore. It would be financed by Government of Maharashtra, Centre and Japanese International Cooperation Agency, a press statement issued by MMMRDA said.
Public transport in Mumbai has seen a rapid change after the inauguration of the first metro line. Citizens of Mumbai have realised the importance of a better mode of transport. More info