PM Modi Inaugurates Rs. 33,000 Crore Metro & Housing Projects In Maharashtra

Mumbai: Prime Minister Narendra Modi on Tuesday laid foundation stones for two metro lines and affordable housing projects worth over Rs. 33,000 crore, months ahead of the 2019 general elections.

PM Modi flagged off work on the ambitious Thane-Bhiwandi-Kalyan (Metro 5) and the Dahisar-Mira Bhayander (Metro 9) in Kalyan, a Mumbai suburb. The Metro project is estimated to cost over Rs. 15,000 crore.

The Rs. 8,416-crore, 24.9-km-long Thane-Bhiwandi-Kalyan metro corridor (Metro-5) is expected to carry around 2.29 lakh commuters daily by 2021, with the entire system designed for six-coach trains. The corridor will have 17 stations.

Similarly, the 10.3-km elevated Dahisar-Mira Bhayander corridor (Metro-9) comprising eight stations, is expected to be completed by 2022, and the cost of the project is estimated at Rs. 6,607 crore.

The Prime Minister also launched the Navi Mumbai town planning authority Cidco’s (City & Industrial Development Corporation (Cidco) mass-housing scheme worth Rs. 18,000 crore, which offers around 89,771 affordable units under the Pradhan Mantri Awas Yojana.

Accompanied by state chief minister Devendra Fadnavis and Union urban development minister Hardeep Singh Puri, PM Modi laid the foundation stones for  these projects.

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