Budget doubled over 5 years, Rs 63,000 crore Versova-Virar sea link

Mumbai’s development authority has approved plans to build what would be the city’s costliest sea link, with the estimated budget for the project having more than doubled in the five years since it was first conceived. MMRDA) earlier this month approved plans for building the Versova-Virar sea link — a 43-km elevated road — at a cost of Rs 63,426 crore

The sea link will connect Versova, a western suburb of Mumbai, to the fast-growing, dense residential hub of Virar— Mumbai’s satellite town in the city’s larger urban agglomeration of the Mumbai Metropolitan Region. When the project was first conceived in 2018, it was estimated to cost about Rs 30,000 crore, MMRDA officials told ThePrint. The Maharashtra State Road Development Corporation (MSRDC) was supposed to implement the project then

https://theprint.in/india/budget-doubled-over-5-years-rs-63000-crore-versova-virar-sea-link-to-be-mumbais-costliest-so-far/1485558/

Source: The Print

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