To smoothen up connectivity in the city, the Maharashtra Government has sanctioned the metro project in Nashik. The expected cost of the project is Rs 2100 crore and the whole project would be developed by the Maharashtra Metro Rail Corporation Limited (MMRCL) which is also a Special Purpose Vehicle (SPV) of both Central and the state governments.
According to the officials, the metro project will comprise of 30 stations and will be segregated in two corridors.
The first corridor or Line 1 will run between Gangapur and Nashik; while the second corridor or Line 2 will run from Gangapur to Mumbai Naka. The 22.5 km long Line 1 will have 20 stations and the prominent one includes Satpur Colony, CBS, and Dwarka.
The second line would be of 10.5 km and will have 10 stations. The trains would operate on electricity and battery power drawn from the overhead electric cables. Both the corridors will have elevated stations.
Besides this, two high-speed mass transit trams with a carrying capacity of 80 passengers at a time would also be deployed along with feeder coaches. These feeder coaches would also run from Mumbai Naka to Satpur Colony and Nashik Road to Shivaji Nagar.
Once the whole project will be completed, it will not only augment connectivity in between the localities but will also decongest the densely populated area of the city.
Experts suggest that metro development will also create a positive impact on the real estate market of the Nashik just like other small cities.