An MMRDA official who did not wished to be named confirmed the same. "The company has said that there has been a delay in the construction of monorail for which MMRDA is responsible as it has resulted into escalation of project cost. In order to solve the issue, we have appointed a three member team as the arbitrator."

The three member team was appointed around three monts back and this includes Railway officer S D Limaye, Former PWD official Jayant Nashikkar and Anand Kulkarni.