Mumbai Metro Line 3: Route, Construction Status, Impact on Real Estate & More

Mumbai, the city of dreams, is famous for many things. One among them is the unparalleled travel connectivity that the city offers. With excellent highways, the lifeline of the city - trains, and the always dependable BEST buses, the city boasts one of the best public transport systems in the world. Adding to the list is the Mumbai Metro. The Mumbai Metro Line 3, also known as the Colaba-Bandra-SEEPZ Line or the Mumbai Metro Aqua Line, is one of the many ambitious developments undertaken by the Maharashtra government. The metro line, including the Mumbai Metro 3, aims to provide commuters with multiple connectivity options and inexpensive and smooth travelling. Let us look in detail at the various aspects of this under-construction metro line which can change the face of Mumbai and help boost the infrastructure and ease of commute among the city’s residents.

About Mumbai Metro Line 3

The construction of the Mumbai Metro Line 3, or the Mumbai Metro Aqua Line, is being implemented by the Mumbai Metropolitan Development Authority (MMRDA) and operated by the Mumbai Metro Rail Corporation Limited (MMRCL). MMRCL is responsible for the underground section of this 33.5km long route. The metro line from Cuffe Parade and Aarey Colony was announced as a Joint Venture between the Central Government (Government of India) and the State Government (Government of Maharashtra) with a 50:50 sharing ratio. The metro line's construction plan with 27 stations (26 underground and 1 at-grade) was finalised and approved in 2018 at the worth of ₹23,136 crores.

Mumbai Metro Line 3: Connectivity

Mumbai Metro 3 intends to provide commuters with connectivity to suburban railway lines and other metro lines. However, as per the initial plan, no direct connectivity was provided to the airport. The commuters were supposed to exit the underground metro station, come to the ground level and then enter the airport by road. However, under the leadership of the then Chief Minister Devendra Fadnavis, the MMRCL was directed to make direct access from the line 3 metro, the airport and Mumbai Central railway station available.

Mumbai Metro Line 3: Stations

Below are the stations in the Mumbai Metro Line 3 along with their layout and interchanges (if any)

Station Name	Station Layout	Interchange
Cuffe Parade	Underground	-.
Badhwar Park	Underground	-
Vidhan Bhawan	Underground	-
Churchgate	Underground	Western Line
Hutatma Chowk	Underground	-
CST Station	Underground	Central Line, Harbour line, Indian Railways
Kalbadevi	Underground	-
Girgaon	Underground	-
Grant Road	Underground	Western Line
Mumbai Central	Underground	Western Line, Indian Railways
Mahalaxmi	Underground	Western Line, Monorail
Science Museum	Underground	-
Acharya Atrey Chowk	Underground	-
Worli	Underground	-
Siddhivinayak Temple	Underground	-
Dadar	Underground	Western Line, Central Line, Indian Railways
Shitladevi Temple	Underground	-
Dharavi	Underground	-
Income Tax Office BKC	Underground	Metro Line 2 (under construction)
Vidyanagri	Underground	-
Santa Cruz	Underground	-
Mumbai Domestic Airport	Underground	Line 7 (under construction)
Sahar Road	Underground	Line 7 (under construction)
Mumbai International Airport	Underground	Line 7 (under construction)
Marol Naka	Underground	Line 1 (operational)
MIDC	Underground	-
SEEPZ	Underground	Line 6
Aarey Colony	At-Grade	-

Mumbai Metro Line 3: Status

The Mumbai Metro Line 3 is divided into two Phases - Phase 1 and Phase 2. Phase 1, stretching from Aarey Colony to BKC, is expected to start functioning by the end of 2023, whereas there has yet to be an announcement for Phase two, that is, from BKC to Cuffe Parade. A recent update by The Mumbai Metro Rail Corporation (MMRC) informs that the construction work of Phase I of Mumbai Metro Line 3 is around 80% completed. This would be Mumbai's first underground metro line.

Mumbai Metro Line 3: Impact on Real Estate

The Mumbai Metro Aqua Line will undoubtedly transform the city's real estate sector. Since its announcement, many residential and commercial developers have expressed interest in projects along the metro line 3 routes. With the first phase of Mumbai Metro Line 3 at almost completion stage, residential properties, micro-markets and commercial projects have seen a boost in demand and prices. Moreover, prices of residential properties near the metro stations are likely to boost, as per some experts, as this line would provide enhanced connectivity with the commercial pockets in the secondary business district in the north and the west.

Conclusion

With around 14 (proposed/ under construction/ in operation) Mumbai metro routes, metro lines are a connectivity solution for lakhs of daily commuters. Once operational, the Mumbai Metro Aqua Line will be one of the most important metro lines of Mumbai Metro. Residents of Piramal Mahalaxmi will be able to commute from one location to another and one can save a lot of time and hassle due to the Mumbai Metro Aqua Line. At the same time, as a homebuyer with an investment point-of-view, one can expect a boost in the real estate prices of residential projects in and around the area, which also includes Piramal Mahalaxmi.

Disclaimer- This article is based on the information publicly available for general use as well as reference links mentioned herein. We do not claim any responsibility regarding the genuineness of the same. The information provided herein does not, and is not intended to, constitute legal advice; instead, it is for general informational purposes only. We expressly disclaim /disown any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided herein.