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The Bhikha Behram Well, one the city's oldest sunken sweet water sources, Grade I heritage structure and holy to the Parsis, near Cross Maidan and Churchgate, may be threatened by the Metro Rail Line 3 plan.
The Mumbai Metro Rail Corporation (MMRC) is likely to award bids worth Rs11,000 crore for the construction of Colaba-Bandra-Seepz underground metro by the end of September this year.
A formal nod has been given by the state to Delhi Metro Rail Corporation (DMRC) to revise and update Mumbai Metro Master Plan for the Mumbai Metropolitan Region Development Authority (MMRDA).
India’s ambitious plan to construct the Mumbai-Ahmedabad high speed rail corridor reached a decisive stage on Tuesday, following the Japanese government’s offer to fund the Rs 988,050 million project at a low interest rate of 0.25% at Tuesday’s meeting of the Indo-Japan Joint Monitoring Committee (JMC).
Revised fares for Mumbai’s first metro project are set to be announced by the Fare Fixation Committee (FFC) within 15 days. The fare, however, is supposedly based on assumptions rather than on any prescribed formula.
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