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Land Monetisation Gains Ground As Core Infrastructure Funding Strategy

The Maharashtra government’s decision to transfer 83,904 acres of land to the Mumbai Metropolitan Region Development Authority marks a significant shift in how infrastructure projects are financed. The move is expected to help the agency achieve financial closure for its upcoming projects without increasing its debt burden, signalling a broader

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Orange Gate–Marine Drive Tunnel May Cut Travel Time To 5 Minutes

A major underground road project in Mumbai is set to significantly improve east–west connectivity, with the proposed Orange Gate–Marine Drive tunnel expected to reduce travel time between the two points to just five minutes. The project, being executed by the Mumbai Metropolitan Region Development Authority, is regarded as one of

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MMRDA Initiates Record Borrowing Plan For Key Infrastructure Projects

The Mumbai Metropolitan Region Development Authority has begun steps to secure loans worth Rs 10,100 crore for two major infrastructure developments in the Mumbai Metropolitan Region (MMR), ahead of the 2026–27 financial year. Officials familiar with the development said the authority is preparing to undertake its largest-ever borrowing programme, with

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Mumbai Clears Key Hurdles To Speed Up Northern Coastal Road Construction

Mumbai’s push to expand its coastal infrastructure has gained momentum after the civic administration removed several obstacles along the northern stretch of the planned seafront corridor. The move is expected to accelerate construction activity in the city’s western suburbs and help bring greater clarity to project timelines. Authorities recently cleared

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