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

India's Grade A Warehousing Sector Set to Cross 300 MSF by 2025
Real Estate Pune

India's Grade A Warehousing Sector Set to Cross 300 MSF by 2025

India's warehousing sector is expected to cross the 300 million square foot mark by 2025, driven by rapid industrial growth and e-commerce expansion.

June 14, 2024
Read Article
Thane Ring Metro Project: A Game-Changer for the Region's Realty Landscape
Real Estate Maharashtra

Thane Ring Metro Project: A Game-Changer for the Region's Realty Landscape

The Union Cabinet's approval of the Thane Integral Ring Metro Rail Project is set to revolutionize urban mobility and real estate in Thane.

August 21, 2024
Read Article
Fathom Holdings Doubles Down on Bitcoin: Allocates 50% of Cash Reserves and Embraces BTC Payments
Real Estate

Fathom Holdings Doubles Down on Bitcoin: Allocates 50% of Cash Reserves and Embraces BTC Payments

Fathom Holdings, a leading real estate services company, is making a significant move into the world of cryptocurrencies by allocating half of its cash reserves to Bitcoin and planning to accept Bitcoin payments. This bold decision underscores the company

January 26, 2025
Read Article
Alexandria Real Estate Equities Reports Q4 Earnings Miss, Revenue Beat
real estate news

Alexandria Real Estate Equities Reports Q4 Earnings Miss, Revenue Beat

Alexandria Real Estate Equities, a leading real estate investment trust (REIT), recently reported its Q4 financial results. While the company missed its earnings targets, it managed to surpass revenue expectations. This mixed performance has investors and

January 27, 2025
Read Article
Home Buyers to Get Possession During Insolvency Resolution: IBBI
Real Estate

Home Buyers to Get Possession During Insolvency Resolution: IBBI

As of June 2024, around 1,400 real estate and construction firms have entered the insolvency resolution process under the IBC. The Insolvency and Bankruptcy Board of India (IBBI) has introduced new rules to aid homebuyers.

February 5, 2025
Read Article
Elevating Luxury Living: The Taj Sky View Residences in Chennai
Real Estate

Elevating Luxury Living: The Taj Sky View Residences in Chennai

Discover the world's first Taj branded residences in Chennai, a luxurious blend of high-end living, hospitality, and office spaces, setting new benchmarks in the real estate market.

February 26, 2025
Read Article