Clash over cost sharing of Mumbai Metro between BMC and MMRDA
The Mumbai Metropolitan Region Development Authority (MMRDA) has invested Rs 19,141.63 crore so far in developing metro corridors and last-mile connectivity to metro stations. As per the agreement, the Brihanmumbai Municipal Corporation (BMC) is responsible for covering 25% of this cost, which amounts to Rs 4,959 crore, from the 1% development charge levied on real […]
Mumbai’s Airoli-Katai Naka Project Set to Commence, Halving Travel Time
The final phase of Mumbai’s highly anticipated Airoli-Katai Naka project is set to begin this month. The Mumbai Metropolitan Region Development Authority (MMRDA) is expected to appoint a contractor for the construction of the 6.72-kilometre elevated corridor between Shil and Katai. This new route will provide a direct connection between Navi Mumbai and the Kalyan-Dombivli […]
Mumbai’s Changing Coastal Roads and Metro Infrastructure
The vast 6,328 square kilometre Mumbai Metropolitan Region is undergoing a makeover that extends beyond its famous sites and tall skyscrapers. Mumbai, also referred to as the “City of Dreams,” is presently experiencing large-scale infrastructural upgrades that could drastically alter the city’s terrain. The city is about to enter a new era with developments like […]
MMRDA Invites Bids for Six Key Infrastructure Projects to Alleviate Congestion
On Tuesday, the Mumbai Metropolitan Region Development Authority (MMRDA) invited bids for six significant new infrastructure projects aimed at reducing congestion in the Mumbai Metropolitan Region (MMR). Primarily focused on Thane, these projects had their tenders issued several months ago. The initiatives include the expansion of the Eastern Freeway from Chedda Nagar to Anand Nagar […]
MMRDA to Fund Infrastructure Projects with Rs. 500 Billion
The Mumbai Metropolitan Region growth Authority (MMRDA) has approved the issuance of bonds worth Rs 500 billion to fund many infrastructure projects that would improve the region’s urban growth and connectivity. With this decision, MMRDA has committed a substantial amount of funds to accelerating the execution of important infrastructure projects, including as road networks, metro […]
Progress on Mumbai Central Public Park Accelerates
The development of Mumbai Central Public Park in India’s financial capital is picking up pace. Spanning 300 acres, the project will incorporate 120 acres from the Mahalaxmi Racecourse and around 175 acres from the Mumbai Coastal Road Project. The aim is to transform this green space into a park reminiscent of London’s Hyde Park and […]
PM Gati Shakti Set to Transform Indian Infrastructure, Predicts Morgan Stanley
Morgan Stanley predicts that the PM Gati Shakti initiative will spearhead infrastructure development in India. The brokerage firm suggests that increased investments in infrastructure will bridge existing gaps, supported by the PM Gati Shakti National Master Plan. India’s historical challenges in manufacturing competitiveness due to inadequate infrastructure have shown significant improvement recently, according to Morgan […]
BMC Resolves Defence Land Issue for SCLR Project with Rs 11 Crore Payment
The Brihanmumbai Municipal Corporation (BMC) has resolved the issue of acquiring defence land for the Santacruz Chembur Link Road (SCLR) project by agreeing to pay Rs 11 crore to the Ministry of Defence (MoD). This agreement will expedite the expansion of the Vakola Nullah bridge from two lanes to four, a critical component of Phase […]
Dharavi redevelopment project is requesting a 15-acre plot of land in BKC from MMRDA on a 5-year lease
Dharavi DharavuDharavi Redevelopment Project Pvt. Ltd. (DRPPL), a special purpose vehicle (SPV) established by the state government and the Adani group, has requested a five-year lease for 15 acres of land in BKC from the Mumbai Metropolitan Region Development Authority (MMRDA). The Adani group secured the bid to redevelop Dharavi in November 2022 with an […]
Plans for Self-Redevelopment in One of the Oldest Co-Operative Housing Colonies, Talmakiwadi
Talmakiwadi in Tardeo, one of the oldest co-operative housing colonies in Mumbai, is to undergo reconstruction as part of the self-redevelopment initiative. The housing society’s General Body has approved the meeting, and the residents will meet the following month to talk about ideas for cash raising. Self-redevelopment refers to housing societies’ decision to rebuild their […]