Rolling stocks, technical systems and other works that are vital for operating the ₹6,700-crore line on the corridor have been cancelled owing to anomalies
The development authority has also floated a request proposal for the maintenance of a commercially viable Automated Rapid Transit (ART) System — a combination between a bus and a tram — Personalised Transit System in BKC Mumbai on DFBOT basis
Mumbai Metro One was the first metro project undertaken under the Build-Operate-Transfer (BOT) policy in 2007. MMRDA has a 26% stake in the joint venture, called Mumbai Metro One Pvt Ltd (MMOPL), while Ambani has a 74% stake
MMRDA to accelerate slum redevelopment in Mumbai partnering with SRA, aiming to revamp 15,000 tenements in Ghatkopar East & launch 'Slum Free Thane' project.