MUMBAI ( Metro Rail News): Dev – N.ROSE (JV) has received a Letter of Acceptance (LoA) from Mumbai Metropolitan Region Development Authority (MMRDA) for the architectural finishing contract of Mumbai Metro Line 2B which spans 23.643 km from DN Nagar to Mandale through 20 stations.
MMRDA invited bids for this contract with a 450 days deadline. Technical bids were opened on 19 Jun 2025 revealing that 5 firms have submitted bids for the contract. Technical evaluation of the submitted bids occurred on 5 Aug 2025. However during the technical evaluation round one firm’s bids got rejected.
On 5 Aug financial bids were opened for the technically qualified bids. On 12 Dec 2025, financial evaluation of the bids in which 3 firms bid were rejected announcing Dev Engineers as the lowest bidder for the contract and on the same day the firm received LoA for the contract.
Financial Bid Values
| Firm | Bid Value |
| Dev – N.ROSE (JV) | ₹ 201.4 Cr |
| Gawar Construction Limited | ₹ 246 Cr |
| Godrej and Boyce Mfg Co. Ltd | ₹ 203.8 Cr |
| M/S. Kumar Infra Projects Ltd | ₹ 250.4 Cr |
Contracts’s Scope of Work: Architectural Finishing Works Including Interior Fit outs, Design & Construction of External Facade, Water Supply, Sanitary Installation, Drainage for 07 Elevated Stations Viz. 3 Iconic elevated stations ITO, ILFS & MTNL and 4 elevated stations viz. S. G. Barve Marg, Kurla East, EEH & Chembur station of Metro Line 2B Corridor [D.N. Nagar to Mandale] of Mumbai Metro Rail Project Of MMRDA.
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