The Mumbai Metropolitan Region Development Agency has urged the shopping malls located along the Metro 4 route to pitch in with a small share of the additional profits that they will accrue from the increased footfall the mass transit system will provide as a measure to keep fares low.
The Metro 4 route, which will run from Wadala to Thane-Kasarvadavli, will passes through the vicinity of eight large malls in Mumbai and Thane cities. Of the total of 30 stations – 17 within the limits of Mumbai city and 13 within Thane Municipal Corporation jurisdiction – eight are planned to be located exactly in front of these shopping malls.
In its detailed project report (DPR), the MMRDA – the nodal agency for Metro 4 – said that connectivity to the malls is a priority. Read more