"The ₹750-crore Kalyan Murbad railway line has also been sanctioned. Fast development is the motto of Modi's new India. Earlier, after budget announcement, it would take 20 years for work to start, but in 4 years we have done a lot of work," he said.
He also said tenders for Dharavi redevelopment have got a good response.
"It is not feasible to shift 50,000 families at one go. If done in phases it will take several years. Now with railway land being made available, the redevelopment will happen in seven years," Fadnavis claimed.
Railway Minister Piyush Goyal, who was present at the monorail inauguration event, said his ministry has given in-principle approval for connecting all monorail stations to ones on the suburban railway network.
"We have taken this decision to connect monorail to all railway stations, subways, skywalks, to ensure end to end connectivity," Goyal added.
Speaking at the event, MMRDA Commissioner RA Rajeev said, "At almost 20 kilometres, Mumbai monorail is the third largest route in the world after China with 98 kilometres and Japan with 28 kilometres. Despite several hurdles, we have managed to now finally commission the entire route."
In December last year, MMRDA terminated the L&T-Scomi Engineering consortium's contract over non-performance and other lapses including frequent equipment breakdowns.
Further, a fire in an empty monorail coach in November, 2017 had led to the network being shut till August last year.
Since taking over the monorail's operations, MMRDA has said it has reduced daily losses from ₹1.8 crore to ₹1 crore.
It plans to operate 120 services with a fleet of seven 4-coach trains between 6am and 10pm daily.
The fare for the entire 17-station route, which has been built at a cost of ₹3000 crore, has been fixed at ₹10, ₹20, ₹30 and ₹40.