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Maharashtra Approves Rs 17,725 Crore Metro Line 13 Linking Mira-Bhayandar to Vasai-Virar

Maharashtra Approves Rs 17,725 Crore Metro Line 13 Linking Mira-Bhayandar to Vasai-Virar

The Maharashtra government has approved the Detailed Project Report for the proposed Mumbai Metro Line 13 connecting Mira-Bhayandar with Vasai-Virar, fixing the total project completion cost at Rs 17,724.99 crore. The project will be executed by the Mumbai Metropolitan Region Development Authority and includes a major six-lane road-cum-metro bridge across Vasai Creek.

According to a Government Resolution issued by the Urban Development Department on September 3, the 25.03-kilometre metro corridor will feature 16 stations. The route comprises a 3.25-kilometre underground section and a 21.78-kilometre elevated alignment. The project also incorporates a 4.92-kilometre integrated six-lane road-and-metro bridge over Vasai Creek that will connect Panju Island.

The financing framework relies primarily on external borrowings, with MMRDA authorised to raise up to Rs 13,293.74 crore from bilateral and multilateral financial institutions alongside other financial agencies at concessional interest rates. The total project cost includes Rs 1,382.57 crore allocated for interest during construction and Rs 1,884.49 crore earmarked for cost escalation.

The state government will contribute Rs 2,810.36 crore in the form of interest-free subordinate debt. This allocation covers Rs 1,535.53 crore towards the acquisition of private land, Rs 697.87 crore for state and local taxes, and 50 per cent of Central Government taxes amounting to Rs 576.96 crore. MMRDA will provide an additional Rs 593.63 crore from its own funds.

Government land valued at Rs 1,027.26 crore required permanently and temporarily for the corridor will be handed over to MMRDA at nominal rates without separate state funding. To ensure financial sustainability, revenues will be routed into a Dedicated Urban Transport Fund. These revenue streams include premiums from additional floor space index within 500 metres of the corridor, increased development charges, an additional one per cent stamp duty surcharge, commercial development of depot and project land, advertising, station branding, parking, and kiosk facilities.

The state government has established an implementation timeline running from 2026 to 2031 and directed MMRDA to submit a time-bound implementation programme within 15 days.

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