What Effect Would The Navi Mumbai Metro Line Have On The Real Estate Market?

Metro Line : The functioning of the Navi Mumbai Metro Line (NMM). Which offers good connection to its many nodes, is the next milestone for this satellite metropolis. In the recent decade, which was established as a satellite city for Mumbai. Has grown by leaps and bounds.

What effect would the Navi Mumbai metro line have on the real estate market?


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Navi Mumbai is a city in India. Metro’s Line main goal:-

Mumbai Metro Line Today, each and every node in Navi Mumbai. Both old and new, Is being deliberately developed with the goal of providing people with state-of-the-art social and physical infrastructure. The construction of the first line Belapur-Taloja-Kalamboli-Mansarover is underway. Seawoods Darave, for example, is India’s first and largest transit-oriented development (TOD) in Navi Mumbai.

The Navi Mumbai Metro Line is a mass rapid transit system being built by CIDCO. With line 1 set to open in early 2022. There was a need to provide a new form of public transportation. That would build connectivity to all Navi Mumbai residential nodes to relieve the burden on the railway network. And the expanding traffic on the roads. As a result, the Navi Mumbai metro was constructed with five lines that span 106.4 kilometres. This is not only a critical transit requirement for the smart city. But it will also help the city expand economically.

The Navi Mumbai Metro Line  is scheduled to serve one lakh people per day by 2027. The next phase for the Navi Mumbai Metro is the Commissioner of Metro Railway Safety (CMRS) certificate. Which comes after the RDSO certificate and the ‘Dynamic Clearance Certificate.’ The Railway Board of Government of India authorised the rolling stock (coaches, electricity, etc). Of CIDCO’s Navi Mumbai metro on February 11, 2022. The civil work inspection for the Navi Mumbai Metro is in underway.

The CMRS and the Railway Board will issue the green light to commence direct transit. When the civil work inspection is completed successfully. This is thought to be the last stage of clearance for the Navi Mumbai Metro. Following which commercial operations may begin.


Metro ticket rates in Navi Mumbai

“Fares for the Navi Mumbai Metro Line-1 Phase 1 start at Rs 10.” This would be Rs 5 less than the NMMC AC bus price.”  For the Navi Mumbai Metro, and CIDCO intends to integrate cutting-edge technologies like as online ticketing. QR code scanning. And near-field communication.


What effect would the Navi Mumbai metro line have on the real estate market?


Mumbai’s Metro Line rail system

The Maharashtra government has designated CIDCO as the implementing agency for the construction. Maintenance, and operation of Corridor-1 of the Navi Mumbai Metro. Which will be built in three phases. On May 1, 2011, the foundation stone for the Navi Mumbai metro train project was laid. Belapur. Kharghar, Pendhar, Kalamboli, and Khandeshwar are part of the Corridor-1 route. Which is set to be extended to Navi Mumbai International Airport (NMIA). Corridor-1 is based on a thorough project study for the Navi Mumbai Metro Rail Project. Prepared by the Delhi Metro Rail Corporation (DMRC).


Line 2 of the Navi Mumbai Metro

Phase 2 of the Navi Mumbai Metro runs from MIDC Taloja to Khandeshwar. Totaling 10.30 kilometres and has eight stops. The Navi Mumbai Municipal Corporation (NMMC) and the Mumbai Metropolitan Region Development Authority. (MMRDA) will fund Lines 2 and 3 of the Navi Mumbai Metro, respectively.

Navi Mumbai Metro line 3 will be built between Pendhar and MIDC as part of Phase 3. And will cover two kilometres and have one station. So finally, Phase 4 of the Navi Mumbai Metro will run from Khandeshwar to the Navi Mumbai International Airport (NMIA).


Navi Mumbai is a city in India. Stations of the metro

Navi Mumbai is a city in India. Line -1 Phase -1 metro stations go from CBD Belapur metro station to Pendhar metro station. CIDCO Science Park, Utsav Chowk,  Sector 11, Sector 14, Central Park, Pethpada, Sector 34. CBD Belapur, Sector 7, CIDCO, Science Park, Utsav Chowk.  Navi Mumbai Panchanand Pendhar From Taloja metro station to Khandeshwar metro station, Line -2 will include metro stations.


Suburban train stations may be reached through the Navi Mumbai Metro Line.

Belapur suburban railway station will have a link to Metro station. 1 and the Kharghar suburban railway station would have a link to Metro station 3. Basically Taloja station on the CR’s Diva-Panvel line might also serve as a connection to the Konkan Railway. The Navi Mumbai Metro. Would be a three-car train that may be expanded to a six-car train in the future. If demand grows and related infrastructure becomes available.


RDSO certification for Navi Mumbai Metro Line

The Research Design and Standards Organisation (RDSO) in Lucknow has given CIDCO’s. Navi Mumbai Metro an interim speed certificate for Metro Line-1, Phase 1. Which runs from Belapur to Pendhar. The RDSO certificate for the Navi Mumbai Metro line between stations 7 and 11 was issued on October 20. 2021. After successful trials and evaluations of test certificates and a considerable. Number of documentation demonstrating respect to the RDSO safety rules. The certificate was awarded.


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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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