Mumbai, May 21 (UNI) The Maharashtra cabinet today approved a proposal for the suburban elevated railway route and assured that the government would offer all assistance for the project.
According to the plan, the proposed elevated railway route will be erected between Churchgate and Virar stretch, and also to link Churchgate-Mantralaya-Nariman Point-Chhatrapati Shivaji Terminus.
The proposed railway would be implemented under private and public participation principle, whereunder the builder would be given the facility of using the elevator for 35 to 40 years in lieu of constructing the same.
The expenditure for Churchgate-Virar route is estimated to be around Rs 12,000 crore. After completion of project, it would benefit 15 lakh commuters and will generate a revenue to the tune of Rs three crore per day, while the additional revenue could be earned through advertisements, eating outlets and other such things.
Initially, only one building housing commercial establishment would be constructed at the station, which will also benefit the project cost.
It is proposed to have a 15-rake coach, of which some will have air conditioning facility.
The proposal also says that concrete columns of two metre diameter would have to be erected for the elevated railway.
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