All About Navi Mumbai Metro Project

Navi Mumbai city of Maharashtra is witnessing the progress of the Navi Mumbai Metro Project(NMM), owned by the City and Industrial Development Corporation(CIDCO). The foundation stone from the Navi Mumbai Metro Line 1 has already been laid.

Let's move into more details!

Navi Mumbai Metro(NMM)

The Navi Mumbai Metro is a mass rapid transit(MRT) system in the vibrant Indian city of Navi Mumbai in Maharashtra. The project is currently a work in progress with phase 1. The Navi Mumbai foundation stone was laid on 1 May 2011. The project proposes five elevated metro lines, stretching approximately 106.4km from Belapur to the Navi Mumbai International Airport.

The Navi Mumbai Metro Line 1 has received final approval to start commercial operations. This is a major milestone for the project, which has been in the works for over 12 years.

The Navi Mumbai Metro has received the CMRS certificate, which is the clearance required for any metro project to start a commercial operation, and the authorization will be obtained from the Commissioner of Metro Rail Safety. The certificate for the commercial operation of the Navi Mumbai Metro Line 1 was granted after a safety inspection by the CMRS officials.

Navi Mumbai Metro Line - Route Map

Navi Mumbai Metro project has a total of 5 major lines. Starting from Belapur and ending at Navi Mumbai Airport, a 106.4km stretch metro line is currently under construction.

Navi Mumbai Metro Line 1:

Line 1 of the Navi Mumbai Metro Project is comprised of a total of 3 phases:

Navi Mumbai Metro Line 1(Phase l): This phase of line 1 will be approximately an 11.4km stretch having a total of 11 stations starting from Belapur to Pendhar.

Navi Mumbai Metro Line 1(Phase ll): This phase of Navi Mumbai Metro Line 1 starts from MIDC and ends at Khandeshwar. It will be a 10.30km stretch with 8 elevated stations.

Navi Mumbai Metro Line 1(Phase lll): The proposed line 4 starts from Pendhar and will end at the MIDC. This will be the last and final line of the Navi Mumbai Metro Project, which is a 2km stretch of underground and elevated metro line.

The Navi Mumbai Metro Line 1 will start operations between Belapur and Pendhar, covering a distance of 11.4 km. It will have 12 stations, including Belapur CBD, Nerul, Seawoods Darave, Khanda Colony, Taloja, Dronacharya, Taloja MIDC, Pendhar, and Pendhar Railway Station.

The MMRC has been appointed to complete the pending work on the Navi Mumbai Metro Line 1. The MMRC is also responsible for the operations and maintenance of the metro line for the next 10 years. The services on the Navi Mumbai Metro Line 1 could start anytime now. The inauguration date is yet to be announced, but it will likely be soon. The Navi Mumbai Metro Line 1 cost a total of 4068 Cr.

The Navi Mumbai Metro Line 1 is expected to have a major impact on the real estate of Navi Mumbai. The metro line will make it easier for people to travel around the city, boosting demand for real estate in the areas served by the metro line. The metro line is also expected to attract new businesses and industries to Navi Mumbai, creating jobs and boosting the demand for real estate.

Navi Mumbai Metro & It's Impact on Real Estate

The Navi Mumbai Metro Line 1 is expected to impact the real estate of Navi Mumbai positively. The metro line will make it easier for people to travel around the city, boosting demand for real estate in the areas served by the metro line. The metro line is also expected to attract new businesses and industries to Navi Mumbai, creating jobs and boosting the demand for real estate.

According to a recent study by a prominent property consultant, the Navi Mumbai Metro Line 1 is expected to increase property prices in the city by 10-15% in the coming years. The study also found that the metro line is expected to generate a demand for an additional 2 lakh square meters of office space in Navi Mumbai.

The impact of the Navi Mumbai Metro Line 1 on the real estate market is already being felt. Property prices in the areas served by the metro line have been rising steadily in recent months. For example, property prices in Belapur have increased by 5% in the last six months.

The Navi Mumbai Metro Line 1 is a major infrastructure project that will have a positive impact on the city. The metro line will make travelling around Navi Mumbai easier, boosting the economy and creating jobs. The metro line is also expected to impact the real estate market positively by increasing property demand in Navi Mumbai.

The Navi Mumbai Metro Project is a long-awaited project finally nearing completion. The metro line is expected to significantly impact the city by improving connectivity, boosting the economy, and creating jobs.

The Navi Mumbai Metro Project is also expected to positively impact the real estate market of Mumbai by increasing demand for property in the city.

Navi Mumbai Metro - News 2023

As per the latest news regarding the Navi Mumbai Metro Line 1, the first 11.1km from Belapur to Pendhar has been opened for passengers' service. This first line of the Navi Mumbai Metro Project is said to be able to transport millions of the citizens of Mumbai(Mumbaikar) easily. Thus resulting in easing the traffic congestion of the roads on Navi Mumbai.

With the inception of the first 11.1km of the Navi Mumbai Metro, the city has become the 3rd city in Maharashtra to execute the Maha Metro Rail Project. The Navi Mumbai Metro Line 1 stations offer several state-of-the-art amenities, including round-the-cock security with CCTV surveillance, ramps, parking facilities, air-conditioned coaches, and many more.

Also read:

• Delhi Metro Project
• Hyderabad Metro Project
• Kochi Metro Project
• Bangalore Namma Metro

So, there you go. These are all you need to know about the Navi Mumbai Metro Project.