With much of its land auctioned off, the authority is mulling new ways to raise funds. Proposals were discussed at MMRDA’s authority meeting, chaired by Maharashtra CM, last month.
The sea link will connect Versova, a western suburb of Mumbai, to Virar, fast-growing, dense residential hub. When it was first conceived in 2018, it was estimated to cost Rs 30,000 crore.
Maharashtra govt's goal is to eventually make the state a trillion-dollar economy. For this, it’s pushing to boost the economy of its most valued asset — the Mumbai Metropolitan Area.
The 22-km Mumbai Trans-Harbour Link is on track to meet December 2023 deadline, officials say. It’s also setting the bar by using technologies that have not been seen before in India.
Maharashtra government notified BKC, which falls under MMRDA jurisdiction, as 'International Finance and Business District' in July. Centre is yet to ratify this notification.
The Sewri-Nhava Sheva Mumbai Trans Harbour Link, which was severely delayed by Covid lockdowns, is progressing at rapid speed thanks to an ‘acceleration plan’ put in place by MMRDA.
Now housing many multinational service firms, high-end restaurants and residential areas as well as foreign consulates, BKC’s development has been particularly rapid in the past decade.
Major projects such as Mumbai Trans-Harbour Link & underground Colaba-Bandra-Seepz Metro taking shape in city. With Covid hitting work, Mumbai has become jungle of concrete & iron.
MMRDA has identified 129 villages in the region & categorised them into 8 ‘growth centres’, wants to be special planning authority to ‘avoid haphazard development’
Nearly 60 years after trams were phased out from Mumbai, the city’s development authority is considering bringing them back as a feeder service to plug last mile connectivity.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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