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PM Modi on Maharashtra Visit, to launch Infra-Housing Projects worth 41,000 crore

Prime Minister Narendra Modi on Tuesday will launch Infrastructural and Housing Projects worth ₹41,000 crore in Maharashtra in a run to the General Elections 2019 and assembly polls slated for later next year.

During his visit, PM Narendra Modi will lay the foundation stone for Thane-Bhiwandi-Kalyan metro 5 and Dahisar-Mira Bhayander metro-9 in Kalyan in the neighboring Thane District.

The Kalyan event will also see the launch of Navi Mumbai town planning authority City and Industrial Development Corporation of Maharashtra’s (Cidco) mass housing scheme worth Rs 18,000 crore, which offers around 89,771 affordable homes under the Pradhan Mantri Awas Yojana.

Modi will later proceed to Pune, where he will lay the foundation stone for the third metro line between Hinjewadi and Shivajinagar, being implemented by the Pune Metropolitan Region Development Authority on a public-private partnership basis.

The Rs 8,313-crore 23-km long third metro line in Pune between Hinjewadi and Shivajinagar will connect the busy information technology (IT) part with Shivajinagar, where the other two metro lines will also join. The Project is Jointly executed by Tata Realty Infra and Siemens.

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

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

Both the Projects are under execution by the Mumbai Metropolitan Region Development Authority (MMRDA). “Out of the total project cost for metro-9, the cost of land acquisition, resettlement and rehabilitation and civil works will be provided by the state government and MMRDA, which is around Rs 4,967.75 crore, while the cost of rolling stock and systems to the extent of Rs 1,639.25 crore is proposed to be met from loan assistance of JICA (Japan International Cooperation Agency),” an MMRDA official said.

Modi will fly to Delhi from Pune Tuesday night, an official said.

(With Inputs from PTI)

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