Maha Metro – on the Right Track
Dr. Brijesh Dixit, Managing Director – Maharashtra Metro Rail Corporation Ltdshare his perspective on the Pune as well as Nagpur Metro Project with Realty Plus.
Nagpur Metro Rail Corporation Limited (NMRCL) was reconstituted as Maharashtra Metro Rail Corporation Limited (MAHA-METRO) for the implementation of all metro rail projects in the State of Maharashtra outside Mumbai Metropolitan Region. Presently, Maha Metro is executing Metro Rail Projects in the cities of Nagpur &Pune.The aim was to create an ecofriendly and energy efficient Metro Rail system of International standards which will enhance the quality of life of citizens of Nagpur and Pune and would be instrumental in the overall development of the cities.
To make Maha-Metro financially viable in the long run, the company aims to develop and exploit total area of 60 lakh sq. ft. at Nagpur for commercial (60%) & residential (40%) purposes. We will achieve over 50% revenue from non-fare box sources. This is an emerging global trend where metro companies are focusing on other means to generate revenue than only depending upon the fare box collections.
To read more: http://realtyplusmag.com/dr-brijesh-dixit-managing-director-%e2%80%8emaharashtra-metro-rail-corporation-ltdshare-his-perspective-on-the-pune-as-well-as-nagpur-metro-project-with-realty-plus/