September 3, 2025: Mumbai is poised for a sweeping urban transformation, with infrastructure projects worth $100 billion set to reshape the city’s skyline and boost the Mumbai Metropolitan Region’s (MMR) gross domestic product (GDP). According to Sanjay Mukherjee, Commissioner of the Mumbai Metropolitan Region Development Authority (MMRDA), the initiatives aim to double the region’s GDP from 140 billion dollar to 300 billion dollar by 2030, and to reach 1 trillion dollar by 2047.
The MMRDA, India’s largest urban development body, is currently implementing projects worth Rs 3,00,000 crore across metro networks, bridges, sea link connectors, and township developments. “We have secured Rs 40 billion in foreign direct investment and Rs 5,00,000 crore in domestic credit, providing close to 100 billion dollar for infrastructure over the next decade,” Mukherjee told CNBC-TV18.
On pending challenges, such as the demolition of the Elphinstone Bridge, Mukherjee confirmed that work would commence after the Ganpati festival. Using advanced technology, the authority has minimised damage to only two buildings, down from the earlier 19, while ensuring rehabilitation for 80 affected households. The project, expected to take 12–14 months, will connect the coastal road to the Atal Setu, India’s longest sea bridge linking Mumbai with Navi Mumbai.
Metro projects remain central to the city’s transport overhaul. The Worli–Colaba line is projected to open by late 2025, while 50 kilometres of metro lines are due for commissioning this year. Mukherjee also addressed concerns over the monorail after a breakdown in August, pledging enhanced safety and new train additions, with Line 2B potentially extending to Chembur by early 2026.
Beyond immediate projects, MMRDA plans extensive road networks in Thane and Raigad districts, alongside the ambitious ‘Mumbai 3.0’ (KSC New Town) development. Mukherjee emphasised that growth must be holistic, integrating social infrastructure with world-class connectivity.
Source: CNBC TV 18
