Mumbai Metropolitan Region Development Authority
With the infrastructure development booming in Mumbai, the apex financial institute, World Bank shows interest in financing two mega projects in Mumbai. The projects include the Virar-Alibaug road-rail corridor and the development of 12 urban growth centres as satellite cities of Mumbai. The growth centres are planned in distant suburbs of Mumbai such as Kalyan, [...] Continue Reading »
India’s longest passenger waterway is soon going to be launched in Mumbai. The waterway, also known as ‘water metro’ has been initiated as a passenger water transport system which could ease traffic in south Mumbai. The ministry’s Expert Appraisal Committee (EAC) has given the final nod for the waterways which will be a passenger water transport system [...] Continue Reading »
Riding on Mumbai metro still looks like a dream as it won’t be ready by March 2013, announced by Maharashtra chief minister, Prithviraj Chavan. It was claimed that a part of the Versova-Andheri-Ghatkopar metro route would be thrown open to the public in March 2013. However, the ground level officials alleged that the time given [...] Continue Reading »
Monorail project in Mumbai has again missed its deadline. The mono line between Chembur and Wadala is now going to be functional by August instead of January 2013 as announced by Maharashtra Chief Minister Prithviraj Chavan. The project implementation started in 2008 and this is the third time the project is getting delayed. Mumbai Metropolitan [...] Continue Reading »
If you are a regular traveller via the Kalanagar junction then a good news for the commuters especially to and from the Bandra-Kurla Complex is the city’s business park. To save travelling time, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to come up with two tunnels and a flyover connecting BKC. The flyover [...] Continue Reading »
In order to generate more revenue to fund infrastructure projects in Mumbai and other areas, Mumbai Metropolitan Region Development Authority (MMRDA) has sold land parcels in the Bandra-Kurla Complex (BKC) and Wadala. Over Rs 70,000 crore expected towards infrastructure projects in the next decade, the projects is in urgent need for alternate sources of revenue [...] Continue Reading »
Residents in apartment in Mumbai have been protesting over placement of pillars for the second phase of the monorail to come up at Sakaram Pawar Marg near Currey Road station. The protests were on the face of the Mumbai Metropolitan Region Development Authority (MMRDA) who is also the implementing agency for the monorail. The residents [...] Continue Reading »
The market scenario of the real estate industry enforced the Mumbai Metropolitan Region Development Authority (MMRDA), to rethink on the plan to sell the vacant plots at Bandra Kurla comples area. MMRDA planned to auction the land previously, however the senior officials thinks due to the uncertainty of the real estate market they will not [...] Continue Reading »
Residents and activists in Mumbai are working at a stretch to ensure that the route from Andheri to Bandra of Metro-II to be constructed underground as an elevated project would damage a lot of commercial and residential establishments. Various citizen groups have been campaigning for nearly two years for this cause. Activist Shyama Kulkarni of Action [...] Continue Reading »
The Lodha Group a realty developer has come forward to invest more than Rs 10,000 crore for project development on a 22 acre land at Wadala in Mumbai. The investment proposed by the Lodha Group will include development and construction cost and also the interest rates in concern to this property will be paid to [...] Continue Reading »
