Nagpur Metro Update: MahaMetro Plans To Earn 50% Of Its Revenue From Non-Ticketing Sources

Nagpur Metro Update: MahaMetro Plans To Earn 50% Of Its Revenue From Non-Ticketing Sources

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Date of Post: 09 Dec, 2017

Nagpur: Even before the commercial operations of Nagpur Metro starts, Mahametro has earned Rs48 crore from other sources in the city. The Metro agency plans to earn at least 50% of its revenue from non-ticket sources. There were several sources of non-ticket revenue for Nagpur Metro, Mahametro MD Brijesh Dixit said at a press conference on Friday.

Video Credit: Nagpur Metro Rail

More Information:

  • He said,”We are getting 1% surcharge on stamp duty. We are getting 10% supervision charges from National Highways Authority of India (NHAI) for constructing the Wardha Road double-decker flyover. The food court space at Khapri station has been sold to a private party. NHAI has purchased four floors in our under construction Airport Metro station. Plus, we get 4% royalty on use of Bureau Veritas construction materials laboratory located on our premises.”
  • In the coming days Nagpur Metro’s non-ticket revenue would increase when it gets 50% of the premium on sale of extra floor to space index (FSI) under Transit Oriented Development (TOD) policy, Dixit said.
  • He added,”We will also get money by sale of commercial property at our stations. The tender for small retail spaces at Khapri Metro station will be opened on December 21.”

Image Credit: Nagpur Metro Rail

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