Mumbai Metro Sells Land to RBI for Metro-3 Funding
Published on: Sept. 11, 2025, 8:47 p.m. | Source: Devdiscourse
The Mumbai Metro Rail Corporation has sold land in south Mumbai to the Reserve Bank of India for Rs 3,471.82 crore. This sale aims to fund the Metro-3 corridor. The transaction involves a 16,842 sqmt plot at Nariman Point and additional fees for exemption from rehabilitation duties.
