The much-anticipated Kasarwadavli-Gaimukh Metro 4A project has faced a significant delay, pushing its completion date to April 2025. This delay has caused a cost escalation of Rs 630 million, raising the project's total cost from Rs 4.4 billion to Rs 5.03
Mumbai MetroKasarwadavligaimukhInfrastructureDelayCost EscalationReal Estate MumbaiJan 20, 2025
The Kasarwadavli-Gaimukh Metro 4A project is now expected to be completed by April 2025.
The delay is primarily due to challenges in land acquisition and obtaining necessary regulatory clearances, exacerbated by the COVID-19 pandemic.
The total cost of the project has increased from Rs 4.4 billion to Rs 5.03 billion, a cost escalation of Rs 630 million.
The completion of the project will provide a much-needed relief to the city's overburdened transport system, reducing travel time and easing traffic congestion.
The MMRDA is responsible for the development and management of the Mumbai Metro, including the Kasarwadavli-Gaimukh Metro 4A project, to improve the quality of life for the city's residents.
Kavinder Gupta, the Deputy Chief Minister of Jammu and Kashmir, has embarked on a mission to woo industrialists from Maharashtra to invest in the state, highlighting its ease of doing business and numerous investment opportunities.
Big plans are underway to hand over surplus land for real estate, as railways aim to beautify tracks and eliminate health risks associated with vegetable farming.
Macrotech Developers Ltd, a prominent real estate firm based in Mumbai, has reported a significant increase in its net debt during the first quarter of the current fiscal year.
Maharashtra Housing Minister Atul Save emphasizes the government's commitment to affordable housing and infrastructure development in Mumbai, highlighting recent policy changes and initiatives.
The much-anticipated Kasarwadavli-Gaimukh Metro 4A project has faced a significant delay, pushing its completion date to April 2025. This delay has caused a cost escalation of Rs 630 million, raising the project's total cost from Rs 4.4 billion to Rs 5.03
While traditional metro cities like Mumbai, Pune, and Delhi have long been the epicenters of luxury real estate, Hyderabad is now making significant strides. This shift is largely attributed to the innovative and forward-thinking approach of Raghava, a prominent figure in the city's real estate market.