MMRDA Secures $51 Billion Investment Commitments at WEF Davos 2026, Over 5 Lakh Jobs Expected

Maharashtra secured $51 billion in investment commitments at WEF Davos 2026 as CM Devendra Fadnavis presided over key MoUs spanning real estate, infrastructure, sustainability, and urban innovation.

Maharashtra Govt Approves ₹22,250 Cr State Guarantee for Virar–Alibaug Multi-Modal Corridor Land Acquisition

The Maharashtra government has granted a ₹22,250 crore state guarantee to MSRDC for raising funds from HUDCO to acquire land for the Virar–Alibaug Multi-Modal Corridor. The approval comes with strict repayment conditions, escrow controls, and a revised financial structure approved by the Cabinet.

India’s First Urban Tunnel Under Rail & Metro Lines: TBM Launch Marks Major Engineering Feat in Mumbai

Mumbai has launched the Tunnel Boring Machine for the ₹8,056-crore Orange Gate–Marine Drive Urban Road Tunnel, India’s first-of-its-kind deep urban tunnel designed to slash travel time and enhance east–west connectivity with advanced engineering and safety features.

South Mumbai to Thane in Just 25 Minutes: MMRDA Begins Work on 13.9 km Elevated Eastern Freeway Extension

The MMRDA has launched construction of the 13.9 km Elevated Eastern Freeway Extension, a six-lane high-speed corridor that will cut South Mumbai–Thane travel time to just 25–30 minutes. With advanced engineering, green measures, and seamless regional connectivity, the project promises faster, cleaner mobility across the MMR.

Maharashtra Cabinet Approves ₹58,755-Crore Uttan–Virar Sea Link (Phase-1)

Maharashtra Cabinet approves ₹58,755-cr Uttan–Virar Sea Link Phase-1 — a 55-km sea bridge and connectors that will link Mira-Bhayandar, Vasai, and Virar while becoming a crucial segment of the Mumbai–Vadhavan Expressway. MMRDA to execute with 75% external loans and ₹11,116 crore interest-free state support.