The Mumbai Metropolitan Region Development Authority under the chairmanship of Maharashtra's Chief Minister Devendra Fadnavis has approved the construction of two metro corridors – Dahisar-Charkop-Bandra-Mankhurd (DCBM) costing Rs 25,605 crore and Wadala-Ghatkopar-Thane-Kasarvadavali (WGTK) metro corridor costing Rs 19,097 crore. Around 50 per cent of the project funding will be sought from multilateral funding agencies. Centre and State Government/MMRDA are likely to contribute 20 per cent and 30 per cent of the funds by way of equity and debt.