MUMBAI METRO LINE 1
Godrej Properties to develop 11-acre project at Pune with revenue potential of Rs 1,800 cr
The newly acquired land is situated in a prime area near the upcoming Megapolis Metro Station, enhancing its accessibility to major IT hubs in Hinjewadi. The location is anticipated to draw substantial interest from both residential and commercial investors due to its proximity to essential amenities such as schools, hospitals, shopping malls, restaurants, and premium hotels.
Radhika Gupta trades car for 'fabulous metro' amid Delhi's heavy rain: Photos from Edelweiss CEO's day out
Radhika Gupta, CEO of Edelweiss Mutual Fund, shared her experience navigating Delhi's heavy rainfall on social media. She opted for the metro when her car got stuck in waterlogged streets, enjoying local cuisine and maintaining a positive outlook despite the challenges. Her post garnered praise for resilience amidst adversity, reflecting widespread disruptions including flight cancellations and infrastructure damage.
MMRDA inks Rs 850-crore urban infra financing pact with German development bank KfW
The funds procured from KfW and MMRDA's resources will be primarily allocated towards various sustainable development projects within and around the Mumbai Metropolitan Region. These initiatives include the development of green corridors, solid waste management systems, recycling and reuse facilities, and the promotion of renewable energy solutions to address environmental concerns and enhancing the quality of life for residents in the bustling metropolitan area.
Chaos at Delhi Airport: Flights & metro shuttle suspended. Here is all you should know
Delhi Airport Roof Collapse: A roof collapse at Terminal 1 of Delhi Airport on Friday resulted in one death and five injuries. The incident, caused by heavy rains in the Delhi-NCR region, also damaged several cars. Flights to and from Terminal 1 have been cancelled, and alternate arrangements are being made. The Aerocity Metro shuttle service to Terminal 1 has been suspended. Heavy rains caused waterlogging and traffic jams across the city, with major roads like Outer Ring Road, ITO, and Dhaula Kuan affected.
Delhi-NCR rain: Heavy rains in the capital city, roads flooded, Delhi metro updates
Before the monsoon declaration, Delhi-NCR faced heavy rain. The Safdarjung Observatory recorded 154 mm of rain. A roof collapse at Terminal 1 led to a temperature drop to 35.4 °C, disrupting flight departures.
Consumer spending peaks in non-metro Indian cities: Visa
Visa, a global digital payments provider, revealed on Thursday that non-metro cities in India such as Dharamshala, Mullanpur, and Vishakapatnam are emerging as the biggest daily spenders. This insight comes from Visa Consulting and Analytics' consumer spending trends for the 2024 summer cricket season. Notably, there has been an overall increase in online transactions across all segments, with food and grocery delivery apps showing a 23% surge in usage.
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Mumbai Metro 3 to be completed by end of December 2024
The first phase of Mumbai Metro 3, will run between SEEPZ (Santacruz Electronics Export Processing Zone) and Bandra Kurla Complex. The project will be completed by the end of December 2024 which was initially scheduled to be completed by September 2024.
Budget 2024 HRA Exemption: Will Bengaluru, Hyderabad, other non-metro cities be included in 50% HRA tax exemption list?
Budget 2024 HRA Exemption: Many employers offer an HRA as part of their employees' compensation. If an employee receiving HRA is paying rent for their accommodation, they can claim a tax exemption on the HRA. Currently, a rented house in Delhi, Mumbai, Kolkata, and Chennai qualifies for a 50% exemption from HRA, while those located in other places come under the 40% bracket.
Mumbai's first underground metro to launch in July; All you need know about it
Mumbai's first underground metro line, launching in July, will span 33.5 km and include 27 stations, primarily underground. The Delhi Metro Rail Corporation (DMRC) will manage operations. The metro will operate from 6:30 am to 11:00 pm, with trains every few minutes, reaching speeds of 90 km per hour. This project, covering a total of 56 km, aims to significantly reduce the city's traffic congestion. The second phase is anticipated to complete within eight months.
PM GatiShakti: 3 infra projects worth Rs 6,000 cr evaluated
The MoR project pertains to Gudur-Renigunta Third Rail Line in Andhra Pradesh for the construction of a third rail line between Gudur and Renigunta stations in Andhra Pradesh’s Tirupati district involves an 83.17 km line aimed at enhancing the capacity of the existing double line.
Mumbai in line to house govt’s animation centre of excellence
The government plans to establish a National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, and Comics (AVGC) in Mumbai, along with proposing an AVGC policy to boost the sector's growth and unlock its potential.
Mumbai local main line hit by signal failure: Trains get delay during rush hours
A signalling glitch near Vikhroli station disrupted Mumbai's suburban train services on Thursday morning, causing delays and overcrowding. The fault on the UP fast line led to trains being held up for an hour. Commuters experienced delays of 20-30 minutes, with some resorting to walking on tracks. The issue, affecting over 30 lakh commuters, was resolved by 8:05 am.
KEC International shares jump 8% on winning order worth Rs 1,061 crore
KEC International's share price rose by 8% to Rs 829 after securing new orders worth Rs 1,061 crore. The company's YTD order intake is over Rs 3,000 crores, with a growth of 30% compared to last year.
Mumbai local train services delayed after technical glitch at Borivali station; Metro runs extra services
Local train services on Mumbai's Western Railway line faced disruptions on Monday due to a technical issue caused by a cable cut at Borivali station. Platforms 1 and 2 were affected, delaying trains by 15-20 minutes. Restoration efforts are underway to fix the problem and resume normal operations.
Fire in south Mumbai high-rise; 1 person injured, 30 rescued
A fire broke out in a 62-storey residential building in south Mumbai's Byculla area. The blaze erupted on the 10th floor of the building's A wing in the Khatao Mill Compound. No casualties were reported.
New railway line to connect Noida Airport with Palwal and Chola for connectivity to Kolkata, Mumbai, and Chennai
In a significant move for regional connectivity, a new 60km railway line is proposed between Chola and Rundhi to link Noida International Airport with routes to Howrah, Chennai, and Mumbai. The project, estimated at Rs 2,400 crore, aims to serve over 1.2 lakh people initially and includes five railway flyovers and integration with existing networks. Construction is expected to take three years.
Mumbai Metro Aqua Line 3: BKC to Aarey Phase 1 operations set to start from July. Check route map and stations
Mumbai Metro Line 3 Phase I operations on the Aarey to Bandra-Kurla Complex route are set to begin in July. The Mumbai Metro Rail Corporation Limited (MMRCL) expects to start phase I operations of Mumbai Metro Line 3 on this route by then. Necessary dry runs have been completed, with some assessments and approvals pending. The Metro agency is ready to operate over 260 services with its fleet of 19 trains.
Adani Energy Solutions buys Essar Transco for ₹1,900 crore
Adani Transmission Step Two Ltd (ATSTL), a wholly owned subsidiary, made the acquisition. Post completion, Essar Transco has become a wholly owned subsidiary of ATSTL and the step-down wholly owned subsidiary Adani Energy.
Metro finally reaches South Mumbai, successful trial run conducted on Metro 3 line. Here is latest update
Mumbai's metro rail achieved a milestone as a trial run train entered the island city via the Colaba-Bandra-Seepz (Metro 3) route, reaching Dadar. The train's journey began at Aarey metro station. Metro 3 is crucial for south Mumbai commuters, with other corridors under construction in suburbs. Trials between Aarey and BKC stations are ongoing, aiming for further expansion southward. Operational phases and deadlines may be affected by trial progress.
Mumbai Voting Day Alert: Get 10% off Mumbai metro fares on May 20th; Check details inside
The MMMOCL operates metro line 2A between Andheri (west) and Dahisar (east) and line 7 between Dahisar (east) and Andheri (east). The initiative will boost voter turnout through the systematic voter education and electoral participation (SVEEP) programme to encourage Metro commuters to fulfil their civic duty and vote in elections, the release stated.
Prestige Group sells Rs 1,300 crore worth of uber luxury residences in South Mumbai
The Prestige Ocean Towers, situated at Marine Lines with views of the Queen's Necklace and the Arabian Sea, are spread across a 2-acre plot and feature 169 canvas residences spanning two towers.
Bankruptcy court disposes off insolvency applications against Mumbai Metro One
Mumbai Metro One was the first metro project awarded in the country on a public-private partnership (PPP) basis and entails the design, financing, construction, operation and maintenance of about 12 km elevated metro operating between Versova and Ghatkopar with 12 stations en route, connecting the western and central suburbs of Mumbai.
Mumbai Metro Line 3 to open by April 2024: Route, map, stations, airport access
Phase one of the 12-kilometer-long Metro 3 underground corridor—which runs from Aarey to Bandra Kurla Complex (BKC) is expected to be operational by the end of April, a recent report by Mumbai Now said. The line was supposed to open in December last year could not be made operational as work was not completed, TOI had reported at the time. Mumbai Metro Rail Corporation Ltd’s (MMRCL) managing director Ashwini Bhide said, “Earlier, we had announced December 2023 as the opening date but work on the shunting neck, which will connect the depot to main line is still underway.”
NCMC card users for metro travel issued by other banks also facing recharge glitches due to restriction on Paytm Payments Bank
National Common Mobility Card: An official spokesperson from Mumbai Metro One Private Limited (MMOPL) told: "Due to recent restrictions by RBI on Paytm (our earlier NCMC partner), recharging of NCMCards is temporarily not available. However, we have made necessary arrangements for acceptance of all NCMCards for travel. One can travel in Mumbai Metro Line-1 using any NCMCard."
Chennai Metro will get first driverless metro train soon: Here is the latest update
Chennai Metro Rail Limited introduces autonomous trainsets on phase-2 corridor 4 with unique features like standing perch seats, CCTV cameras, and regenerative braking system. The trains will extend to 116.1 km with an 80 km/h operational speed.
Bengaluru's Bannerghatta Road to be closed for a year: Here are alternate routes and advisory
Bannerghatta Road near Lakkasandra underground station will be partially closed for a year from April 1, to aid metro construction. Commuters are directed to take alternative routes. This closure aligns with the ongoing Pink Line underground metro station construction as part of Phase 2 of the project. Commuters express concerns about increased traffic. BMRCL urges cooperation during this period.
Two new Delhi Metro lines get Union Cabinet approval: Here are details about route, deadline, stations
The Union Cabinet today approved the expansion of two additional Delhi Metro corridors on Wednesday. These corridors will link Lajpat Nagar to G Block in Saket and Inderlok to Indraprastha, covering a total distance of about 20 km. Following approval, the Delhi Metro Rail Corporation (DMRC) will commence the tendering process to choose contractors and kickstart the expansion endeavor.
Passenger services on new sections of Kolkata Metro to begin on March 15: General Manager
Commercial services on the new sections of Kolkata Metro Railway, including the East-West section, will begin on March 15. The Green line, Orange line, and Purple line will operate from 7 am to 9.45 pm. The Howrah Maidan-Esplanade section connects Howrah and Sealdah, improving air quality and reducing sound pollution.
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