Mumbai Metro Lines 2A and 7 Surpass Rs 122 Crore in Non-Fare Revenue

The Mumbai Metro Lines 2A and 7 have reported a significant increase in non-fare revenue, reaching Rs 122 crore in the fiscal year 2024-25. This marks a 187% growth from the previous year, driven by strategic initiatives in retail, advertising, and infrastructure development.

Mumbai MetroNonfare RevenueMmrdaUrban DevelopmentPublic TransportationReal Estate MumbaiMay 18, 2025

Mumbai Metro Lines 2A and 7 Surpass Rs 122 Crore in Non-Fare Revenue
Real Estate Mumbai:The Mumbai Metropolitan Region Development Authority (MMRDA) has reported a remarkable surge in non-fare box revenue for Metro Lines 2A and 7, reaching approximately ₹122 crore during the financial year 2024–25. This marks a substantial increase from the ₹42.5 crore generated in the previous fiscal year, reflecting a 187% growth. The total operational revenue, encompassing both fare and non-fare sources, has risen from ₹190 crore in FY 2023–24 to ₹292 crore in FY 2024–25, surpassing the initial target of ₹200 crore set at the beginning of the fiscal year.

The substantial revenue growth can be attributed to the MMRDA’s strategic approach to monetizing non-fare sources. The Maha Mumbai Metro Operation Corporation Limited (MMMOCL), responsible for the operations and maintenance of Metro Lines 2A and 7, has explored various avenues to generate additional revenue streams. These include retail and food and beverage (F&B) outlets, advertising rights, ATM space rentals, and telecom tower rights at stations and depots.

Notably, the metro stations and depots have been made available for film, television, and advertisement shoots during non-operational and non-peak hours, further contributing to the revenue. The MMRDA has also been proactive in exploring opportunities such as pillar advertising rights, station naming and branding rights, and optical fiber cable rights, aiming to enhance revenue generation while maintaining affordability for commuters.

The operational success of Metro Lines 2A and 7 has been complemented by significant infrastructure developments. The lines, spanning a total of 35 kilometers, have witnessed a steady increase in ridership, with daily passenger numbers crossing the 2.5 lakh mark. The adoption of the Mumbai One Card has been particularly encouraging, with approximately 1.5 lakh passengers, accounting for 40% of daily commuters, embracing this convenient payment method.

The expansion of the metro network is set to further enhance connectivity across the city. The completion of the remaining stations and integration with other metro lines and suburban railway stations will provide commuters with seamless travel options, thereby reducing traffic congestion and promoting the use of public transportation. The MMRDA’s success in generating substantial non-fare revenue underscores its commitment to sustainable urban development. By diversifying revenue sources and reinvesting in infrastructure, the authority aims to create a self-sustaining metro system that not only meets the transportation needs of Mumbai’s growing population but also contributes to the city’s economic development.

The strategic initiatives undertaken by the MMRDA serve as a model for other urban centers seeking to enhance their public transportation systems through innovative revenue generation and infrastructure development. As Mumbai continues to expand, the success of Metro Lines 2A and 7 highlights the importance of forward-thinking planning and investment in creating a sustainable and efficient urban transit network.

Frequently Asked Questions

What is the total non-fare revenue generated by Metro Lines 2A and 7 in FY 2024-25?

The total non-fare revenue generated by Metro Lines 2A and 7 in FY 2024-25 is ₹122 crore.

What is the percentage increase in non-fare revenue compared to the previous fiscal year?

The non-fare revenue increased by 187% compared to the previous fiscal year.

What are some of the non-fare revenue streams explored by the MMRDA?

The MMRDA has explored various non-fare revenue streams, including retail and F&B outlets, advertising rights, ATM space rentals, telecom tower rights, and film and TV shoots.

How many daily passengers are using Metro Lines 2A and 7?

Daily passenger numbers for Metro Lines 2A and 7 have crossed the 2.5 lakh mark.

What is the role of the Maha Mumbai Metro Operation Corporation Limited (MMMOCL)?

The Maha Mumbai Metro Operation Corporation Limited (MMMOCL) is responsible for the operations and maintenance of Metro Lines 2A and 7.

Related News Articles

Raymond Soars to New Heights with Approval of Real Estate Business Demerger
real estate news

Raymond Soars to New Heights with Approval of Real Estate Business Demerger

Raymond's board has approved the vertical demerger of its real estate business, sending its shares skyrocketing to a record high.

July 5, 2024
Read Article
New Leadership for MahaRERA: Manoj Saunik Takes Over as Chairman
Real Estate Maharashtra

New Leadership for MahaRERA: Manoj Saunik Takes Over as Chairman

Manoj Saunik, a 1987 batch Indian Administrative Service (IAS) officer, will succeed Ajoy Mehta as the new chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA) from Friday, September 20.

September 19, 2024
Read Article
CIDCO Lottery 2024: A Guide to Applying for Navi Mumbai Housing Scheme
Real Estate Mumbai

CIDCO Lottery 2024: A Guide to Applying for Navi Mumbai Housing Scheme

CIDCO Lottery 2024 is a significant housing scheme for the economically weaker sections and lower-income groups in Maharashtra. Learn how to apply, eligibility criteria, and important dates.

October 18, 2024
Read Article
New Developments in Rs 100 Crore Real Estate Investment Fraud
Real Estate

New Developments in Rs 100 Crore Real Estate Investment Fraud

Prospect Realty, a firm registered before the sub-registrar of Salcete, Margao, is at the center of a massive Rs 100 crore investment fraud. The firm, engaged in the real estate business, has been accused of misleading investors with false promises. Myron

November 24, 2024
Read Article
Narayana Murthy Acquires Second Luxury Flat in Bengaluru’s Kingfisher Towers
real estate news

Narayana Murthy Acquires Second Luxury Flat in Bengaluru’s Kingfisher Towers

Infosys co-founder and former CEO Narayana Murthy has made headlines once again with his latest real estate purchase. This acquisition of a second luxury flat in Bengaluru's Kingfisher Towers underscores his affinity for premium properties and further ele

December 7, 2024
Read Article
Union Budget 2025-26: Real Estate Sector Welcomes Housing Initiatives by Modi Government
real estate news

Union Budget 2025-26: Real Estate Sector Welcomes Housing Initiatives by Modi Government

Despite a slight disappointment over the lack of major announcements for the affordable housing sector, real estate players have broadly welcomed the Union Budget 2025-26. The budget has introduced several measures that are expected to boost the housing m

February 2, 2025
Read Article