State to Monetize Metro Depots, Starting with Thane's Mogharpada
The Maharashtra government plans to monetize metro depot land, beginning with the Mogharpada depot in Thane, which serves multiple metro lines. This initiative aims to generate non-fare revenue and could lead to mixed-use development, potentially enhancing urban infrastructure and real estate value. The project is seen as a way to develop prime real estate property without increasing ticket fares.