The country’s first monorail project being set up in Mumbai by a consortium led by Larsen & Toubro and Scomi Engineering will become a reality by November 2012. The 19.56-km corridor, expected to cost ₹2,500 crore, is being built in two phases. The first phase connecting Wadala to Chembur will be completed by November 2012, and the second phase connecting Jacob Circle to Wadala (11.28 km) will be in place by mid-2013. Seen as an ideal mass rapid transport system for the congested corridors of Mumbai, the monorail is expected to reduce travel time from 90 minutes to 44 minutes on the routes. The monorail system, which moves on rubber tyres over concrete beams, will have 18 stations and one central depot.