Thane's Realty Landscape Set to Get a Boost with Integral Ring Metro Rail Project
The project is expected to revolutionize urban mobility and real estate in Thane, with the Maharashtra Metro Railway Corporation Limited (MMRCL) spearheading the initiative.
ThaneRealtyMetro RailIrmrpMmrclReal Estate MaharashtraAug 26, 2024
Over the years, Thane has seen various plans for mass rapid transport options within the city, but none have come to fruition. However, with the announcement of the IRMRP, the long-pending internal metro line within Thane is finally taking shape. This development will create internal linkages within the city, connecting the suburban railway system with Metro 4, which will greatly improve connectivity between multiple transport systems within Thane.
Frequently Asked Questions
What is the Integral Ring Metro Rail Project (IRMRP)?
The IRMRP is a metro rail project in Thane, Maharashtra, aimed at revolutionizing urban mobility and real estate in the city.
Who is spearheading the IRMRP?
The Maharashtra Metro Railway Corporation Limited (MMRCL) is spearheading the IRMRP.
What is the expected completion date of the IRMRP?
The IRMRP is expected to be completed by 2029.
How many stations will the IRMRP have?
The IRMRP will have 22 stations around the periphery of Thane.
What is the expected daily ridership on the IRMRP by 2045?
The daily ridership on the IRMRP is projected to reach 8.72 lakh passengers by 2045.
Related News Articles
Keystone Realtors Raises Rs 800 Crore from Institutional Investors
Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors
Kerala Police Hand Over Mami Missing Case to Crime Branch to Avoid CBI Probe
The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.
Home Sales in Noida and Greater Noida Increase by 6% in Q3 2024
The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.
Mumbai Real Estate Market Sees Significant Growth in 2024 with 1.41 Lakh Registrations
Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.
2025 Outlook: The Future of Commercial Real Estate in Tier-II and Tier-III Cities
In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.
Maharashtra's Transport Minister Pratap Sarnaik Invites CREDAI to Develop MSRTC Land
The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora