Mumbaikars Get Ready for the Launch of Metro-3: Timings, Fares, and Services
Mumbaikars are gearing up for the launch of the highly anticipated Metro-3 or Aqua Line, which is set to transform the city's transportation landscape. The Mumbai Metro Rail Corporation Ltd (MMRCL) will commence operations from Monday, with a phased start
Mumbai MetroMetro3Aqua LineReal EstateTransportationReal EstateOct 06, 2024
An elated Managing Director of MMRCL, Ashwini Bhide, posted on social media, “Mumbai's first underground metro and India’s longest fully underground Metro has been an extremely challenging project. It involved 55 km of tunneling and construction of 26 underground stations in crowded areas, putting our abilities to the test. But my resilient team kept on overcoming the challenges to bring this unthinkable project to reality. I am really proud of them.”
Commenting on the development, CG Koji YAGI, Consul General of Japan in Mumbai, said, “This is another joint iconic project between Japan and India, following the Atal Setu. It will transform Mumbaikars' daily commute by reducing travel time and mitigating traffic and air pollution. I am proud that the Government of Japan is part of the transport infrastructure development in Mumbai. I also look forward to the early operation of the full Metro Line 3.”
Real estate experts predict that Metro Line 3 will revolutionize the real estate landscape in the western suburbs of Mumbai. This ambitious infrastructure project promises to enhance connectivity between key areas, linking Cuffe Parade in the south to SEEPZ in the north. As it weaves through bustling neighborhoods such as Worli, Bandra, and Santacruz, it is poised to affect the region's real estate sector.
With reduced travel times and improved ease of commute, the demand for residential and commercial properties along the metro route is expected to surge. Moreover, the Aqua Line is expected to spur a wave of new developments, including residential complexes, retail spaces, and office buildings. Developers are keen to capitalize on the improved infrastructure, leading to an influx of modern amenities and services in the vicinity.
The phase one of the 12.34-km-long Metro 3 between Aarey Colony and Bandra Kurla Complex (BKC) will have 10 stations. Ninety-six services of nine trains will run between 6.30 am and 10.30 pm daily, while on Sundays and holidays, the services will start from 8.30 am. MMRCL has a total of 48 train pilots, including 10 women. The frequency of each train will be six-and-a-half minutes during peak hours.
MMRCL expects that the phase one will cater to around 4 lakh people daily, leading to a reduction in vehicular trips by 6.65 lakh per day. It will also help reduce fuel consumption by 3.45 lakh liters per day and lower traffic on the roads by 35%. Once fully operational, the Aqua Line is expected to cater to an estimated 17 lakh passengers daily with 260 services.
The ticket fares for the phase 1 of the Metro 3 will range between Rs 10 and Rs 50, depending on the distance. The maximum fare will increase once the second phase between BKC and Cuffe Parade gets operational.
The Mumbai Metro Rail Corporation Ltd (MMRCL) is a public sector company responsible for the planning, construction, and operation of the Mumbai Metro. It has been at the forefront of developing efficient and sustainable transport solutions for the city of Mumbai, contributing to the overall development and modernization of the urban infrastructure.
Frequently Asked Questions
When will Metro-3 start operations?
Metro-3 or Aqua Line will start operations from Monday, with the first services beginning at 11 am. From Tuesday onwards, services will run from 6.30 am to 10.30 pm.
How many stations will the first phase of Metro-3 have?
The first phase of Metro-3, which runs from Aarey Colony to Bandra Kurla Complex (BKC), will have 10 stations.
What are the ticket fares for Metro-3?
The ticket fares for the phase 1 of Metro-3 will range between Rs 10 and Rs 50, depending on the distance traveled.
How will Metro-3 impact the real estate market in Mumbai?
Metro-3 is expected to revolutionize the real estate landscape in the western suburbs of Mumbai. It will enhance connectivity, reduce travel times, and increase the demand for residential and commercial properties along the metro route.
What are the environmental benefits of Metro-3?
Metro-3 is expected to reduce vehicular trips by 6.65 lakh per day, lower fuel consumption by 3.45 lakh liters per day, and decrease traffic on the roads by 35%, contributing to a reduction in air pollution.
Related News Articles
Real Estate Sector: Fundamentals Remain Intact Despite Signs of Fatigue
After a strong rally in the last one year, the real estate sector is showing signs of fatigue. However, fundamentals remain intact with improved affordability, industry consolidation, and favorable supply-demand.
Supreme Court Grants RERA Exemption for Unitech Housing Projects
In a significant ruling on January 16, the Supreme Court of India granted exemption from RERA registration for various Unitech housing projects located across seven states.
Sunteck Realty Witnesses Impressive Growth in Sales Bookings
Mumbai-based real estate developer, Sunteck Realty, reports a 40% surge in sales bookings in the December quarter, totaling Rs 635 crore. Pre-sales also grew by 34% during the April-December 2024-25 period, reaching Rs 1,661 crore.
Aamir Khan's Luxury Property Empire: Actor Buys New Mumbai Abode Worth ₹9.75 Crore
Bollywood superstar Aamir Khan has expanded his luxury property portfolio by acquiring a new apartment in Mumbai's upscale Pali Hill area, worth ₹9.75 crore.
Housing Sales and Supply See Decline in Top Nine Cities in Q4 2024: PropEquity Report
In a concerning trend for the real estate sector, the housing supply in the top nine cities is expected to drop by 33 per cent, according to a recent report by PropEquity. This decline is likely to have significant implications for the market.
Godrej Properties Aims for Rs 1350 Crore from Mumbai's Versova Housing Project
Godrej Properties, one of the leading real estate developers in India, is set to launch a new housing project in Versova, Mumbai. The company aims to generate Rs 1350 crore from this ambitious project, which is expected to transform the local real estate landscape.