The Maharashtra government is set to monetise nearly 100 hectares of land in the Mumbai Metropolitan Region (MMR), primarily identified for metro rail depots.

The first project in this plan is the Mogharpada depot in Thane, which will support four Metro corridors (lines 4, 4A, 10, and 11). The depot is designed to accommodate 64 trains and will include maintenance facilities, administrative buildings, and control centres. The land surrounding the depot will be developed for mixed-use real estate, combining commercial, retail, and possibly residential spaces. This move marks the first time metro depots will be commercially exploited in Mumbai.

The depot’s layout also allows space for the Thane Coastal Road to pass through. While some experts suggest that residential projects within the depot area may not be feasible, commercial and office developments are seen as a better fit. The Mogharpada project will serve as a pilot, with further metro depots expected to follow. Public concern over land monetisation remains a topic of debate.