The Metro 4A project, which is estimated to cost Rs 949 crore, will have two stations- Gowniwada and Gaimukh- on the extended route. The 2.7-kms extension will ensure that the entire Ghodbunder Road is connected by the Metro corridor till Gaimukh, an official said.
This additional route is part of 32-km long Wadala- Ghatkopar-Mulund-Thane Kasarwadvali corridor.
The route extension will add 1.5 lakh passengers, taking the total number of passengers to 8.7 lakh. Commuting between Thane and South Mumbai will be easier, the official added.
The DPR was approved by Fadnavis at the 144th meeting of Mumbai Metropolitan Region Development Authority (MMRDA), where Maharashtra Housing Minister Prakash Mehta, Mumbai Mayor Vishwanath Mahadeshwar and senior officials were present.
Fadnavis also directed to complete the work for transport hub and logistic park at Bhiwandi.