HomeInfrastructureMumbai Metro Lines 2A and 7 Generate Rs 122 Crore in Non-Fare...

Mumbai Metro Lines 2A and 7 Generate Rs 122 Crore in Non-Fare Revenue

The Mumbai Metropolitan Region Development Authority (MMRDA) has reported a remarkable surge in non-fare box revenue for Metro Lines 2A and 7, reaching approximately ₹122 crore during the financial year 2024–25.

This marks a substantial increase from the ₹42.5 crore generated in the previous fiscal year, reflecting a 187% growth. The total operational revenue, encompassing both fare and non-fare sources, has risen from ₹190 crore in FY 2023–24 to ₹292 crore in FY 2024–25, surpassing the initial target of ₹200 crore set at the beginning of the fiscal year. This substantial revenue growth can be attributed to the MMRDA’s strategic approach to monetizing non-fare sources. The Maha Mumbai Metro Operation Corporation Limited (MMMOCL), responsible for the operations and maintenance of Metro Lines 2A and 7, has explored various avenues to generate additional revenue streams. These include retail and food and beverage (F&B) outlets, advertising rights, ATM space rentals, and telecom tower rights at stations and depots.

Notably, the metro stations and depots have been made available for film, television, and advertisement shoots during non-operational and non-peak hours, further contributing to the revenue. The MMRDA has also been proactive in exploring opportunities such as pillar advertising rights, station naming and branding rights, and optical fiber cable rights, aiming to enhance revenue generation while maintaining affordability for commuters. The operational success of Metro Lines 2A and 7 has been complemented by significant infrastructure developments. The lines, spanning a total of 35 kilometers, have witnessed a steady increase in ridership, with daily passenger numbers crossing the 2.5 lakh mark. The adoption of the Mumbai One Card has been particularly encouraging, with approximately 1.5 lakh passengers, accounting for 40% of daily commuters, embracing this convenient payment method.

The expansion of the metro network is set to further enhance connectivity across the city. The completion of the remaining stations and integration with other metro lines and suburban railway stations will provide commuters with seamless travel options, thereby reducing traffic congestion and promoting the use of public transportation. The MMRDA’s success in generating substantial non-fare revenue underscores its commitment to sustainable urban development. By diversifying revenue sources and reinvesting in infrastructure, the authority aims to create a self-sustaining metro system that not only meets the transportation needs of Mumbai’s growing population but also contributes to the city’s economic development.

The strategic initiatives undertaken by the MMRDA serve as a model for other urban centers seeking to enhance their public transportation systems through innovative revenue generation and infrastructure development. As Mumbai continues to expand, the success of Metro Lines 2A and 7 highlights the importance of forward-thinking planning and investment in creating a sustainable and efficient urban transit network.

Also Read: https://urbanacres.in/metro-expands-with-national-consultancy-firm/

Mumbai Metro Lines 2A and 7 Generate Rs 122 Crore in Non-Fare Revenue
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