The Government of India has recently accorded in-principle approval for loans from the Asian Development Bank (ADB) for the Metro II and Metro VII projects. DMRC is preparing feasibility report for both the corridors. Tenders for both the projects would be invited soon. The civil contractor will be decided in three months. MMRDA and DMRC will execute one corridor each. The first phase of Metro II corridor will come up between Dahisar and DN Nagar at a cost of Rs 6,410 crore. The first phase of Metro VII corridor between Dahisar East and Andheri East is estimated to cost Rs 6,208 crore.