[m9ad]
According to the Business Model, L&T, the concessionaire will have to recover the cost involved in the project – 50% through the fares and another 50% through the Metro Malls and other real estate activity in the lands allocated to it.
But then, both the parties are not being able to come to a conclusion over the fares. KCR Government wants it to be nominal to please the people while L&T wants the fares to be realistic. With the inauguration less than one week to go, it has to be seen what the government decides!
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