The Maharashtra cabinet on Thursday gave nod for Rs 949-crore Kasarvadavali-Gaikmukh Metro route (Metro 4A) which will cut the travel time between south Mumbai and neighbouring Thane city.
The cabinet also allowed the Mumbai Metropolitan Region Development Authority (MMRDA) to raise funds from domestic as well as international financial institutions for the project, an official in the Chief Minister's office said.
The Detailed Project Report (DPR) for the extension of Metro 4A route had been approved earlier this year at a meeting of the MMRDA.
Chief Minister Devendra Fadnavis is the chairman of the MMRDA, a planning body for the Mumbai region.
The 2.7-km extension will ensure that the entire Ghodbunder Road in Thane city is connected by Metro.
It will be part of 32-km long Wadala-Ghatkopar-Mulund-Thane Kasarvadavali corridor which has already been approved.
The project will benefit 8.7 lakh commuters and is expected to be completed by March 2022, officials said.
Prime Minister Narendra Modi earlier this month inaugurated work on Thane-Bhiwandi-Kalyan (Metro 5) and Dahisar-Mira Bhayander (Metro 9) routes.
At present, work on several metro corridors is underway across the megapolis, including Dahisar-DN Nagar (Metro-2A), DN Nagar-Mankhurd (Metro-2B), Andheri (East)- Dahisar (Metro-7), Colaba-Bandra-Seepz (Metro-3), elevated Wadala-Kasarvadavali (Metro 4) and Swami Samarthnagar- Jogeshwari-Vikhroli (Metro-6).
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
