The Mumbai Metropolitan Region Development Authority (MMRDA) is expected to commence work on the proposed 39 km Metro Line 14, connecting Kanjurmarg to Badlapur.
Integrated into Mumbai’s expansive 337-km metro network plan, the line aims to enhance connectivity across the eastern suburbs and the wider metropolitan region. The route is split into two segments: an underground section from Kanjurmarg to Ghansoli, and an elevated portion extending from Ghansoli to Badlapur.
The corridor is expected to reduce road travel time by approximately 1.5 to 2 hours and serve an estimated 700,000 passengers daily. Milan Metro has submitted the draft Detailed Project Report (DPR) for Metro Line 14. The proposed alignment will feature a hybrid design—underground tracks from Kanjurmarg to Ghansoli, transitioning to elevated sections from Ghansoli to Badlapur—drawing inspiration from elements of Milan’s metro system. The new metro line is anticipated to greatly ease congestion on major roads that frequently suffer from prolonged traffic jams, especially during rush hours. Securing environmental and forest approvals will be essential, as the planned route runs close to ecologically sensitive areas like Parsik Hills and the Thane Creek Flamingo Sanctuary.
VINCI Highways, a subsidiary of VINCI Concessions, signed an agreement to acquire a 51% stake in the company “HKR Roadways Limited”, which holds a contract ending in 2041 with the Telangan...
Read moreGlobal investment firm, KKR & Co has acquired a controlling stake in Kerala's Baby Memorial Hospital (BMH). KKR’s investment will bolster Baby Memorial Hospital's (BMH) initiatives to meet...
Read moreBrookfield India Real Estate Trust (REIT) has announced the acquisition of nearly 50% stake in Bharti Enterprises’ real estate joint venture with Brookfie...
Read moreKarma Capital, an Indian equities investment management firm has announced the launch of the Karma Capital Jasmine Alternative Investment Fund (AIF). With this step, Karma Capital reinforce...
Read moreUS private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd from UK private equity firm Apax Partners. KKR-managed funds will acquire a controlling stake...
Read more