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SC allows Mumbai Metro to hike fare upto Rs 110

In what is not likely to go down well with the Mumbaikars, the Supreme Court on Friday dismissed Mumbai Metropolitan Region Development Authority's plea seeking freezing of the existing fare structure of Mumbai Metro. The apex court's ruling will allow Reliance Infrastructure (RInfra)-led Mumbai Metro One Private Limited (MMOPL) to increase the fare of the Versova-Andheri-Ghatkopar Metro to Rs 110 from the present Rs 40.

Updated : 07 August 2015, 04:15 PM