The Maharashtra Government has officially approved the Mumbai Metro Line-11 project—running from Wadala to Gateway of India, including its depot—at a total estimated cost of ₹23,487.51 crore. This approval came through an Urban Development Department press note issued on 18 November 2025.

Metro Line-11, planned as an extension of Metro Line-4/4A, will span 17.51 km, including 13 underground stations and 1 at-grade station, and will be executed by the Mumbai Metro Rail Corporation Limited (MMRCL).

State to Accept Contingent Liability for External Loans

The government confirmed that it will accept the contingent liability related to external financing for the project. This includes the principal amount, interest, and any additional charges associated with the loan to be raised for project implementation.

Crucially, the State Government has approved the signing of the Project Agreement, Loan Agreement, and the Subsidiary Loan Agreement to facilitate this external financial assistance.

Important Correction in Earlier Government Resolution

The new press note also corrects a key clause in a previous Government Resolution dated 11 September 2025.

In Clause No. 12 of that resolution, the phrase “responsibility of repayment” has now been officially removed.

The corrected clause now states that the State Government will take on only the contingent liability, not direct repayment responsibility, for the loan being raised for Metro Line-11. The State may also provide a government guarantee for the loan if required.

Metro Line-11: A Critical Link to South Mumbai

Metro Line-11 is one of the most anticipated metro corridors in Mumbai as it will connect Wadala, Sewri, Fort, and Colaba directly to the Gateway of India. The corridor is expected to drastically reduce travel time to South Mumbai and ease congestion on existing road and rail networks.

Also Read: PM to Inaugurate Mumbai Metro Line Today

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As of November 13, a total of seven piles have been completed at the site.

VJTI Experts Monitoring Structural Safety

To address these concerns, the contractor appointed experts from VJTI to conduct continuous structural health monitoring of the surrounding buildings during the piling process.

The VJTI team has installed specialized instruments, including:

• Accelerometers to track vibration levels
• Crack-width gauges to measure any changes in existing cracks
• Tilt sensors to capture structural movement

Residents were briefed on how the monitoring equipment works and how the data will help ensure the buildings remain safe.

Joint Visit with Residents to Reassure Community

On November 14, officials from MMRDA, VJTI’s expert professors, and project advisors held a joint site visit with the concerned residents. During the visit, experts explained the safety tests, vibration analysis, and the monitoring process in detail.

Preventive Measures Recommended by VJTI

To minimize vibration impact during pile boring, VJTI experts recommended specific precautionary steps, including:

• Reducing RPM of the piling rig during socketing in hard rock
• Keeping noise levels low while removing mud from the auger
• Continuous vibration monitoring throughout the pile boring process

These measures aim to reduce the stress on nearby heritage-age buildings while allowing work on the key infrastructure project to continue safely.

Also Read: Hiranandani Communities launches 1mn sqft of Residential Sector at Hiranandani Fortune city, township in Panvel in FY 23 

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As per the joint venture structure, SSC Infrastructure holds a 60% share as the lead partner, while Capacit’e Infraprojects holds the remaining 40%.

Rahul Katyal, Managing Director of Capacit’e Infraprojects, expressed gratitude for the opportunity, stating that the trust placed by NHSRCL underscores the company’s growing reputation as a reliable partner for high-profile infrastructure projects. He noted that this contract marks a significant milestone in client expansion and further strengthens the company’s portfolio in the infrastructure segment.

With a consistent track record of on-time delivery and quality execution, Capacit’e aims to continue building on its momentum and expertise in large-scale project development.

Also Read: South India’s Data Centre Market to Witness 65% Capacity Growth by 2030

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The decision to allot Plot No. C-82 in BKC’s G-Block was granted post facto approval during the 159th meeting of the MMRDA Authority. The move came in response to NSE’s request dated October 11, 2024, seeking additional land to expand its operations and accommodate a built-up area of approximately 4 to 5 lakh square feet.

Plot Details:

• Plot Number: C-82
• Plot Area: 5,500 sq. meters
• Permissible FSI: 4.00
• Permissible Height: 69.52 meters (as per CAA NOC dated 18/09/2018)
• Built-Up Area: 22,000 sq. meters
• Lease Period: 80 years
• Usage: Commercial (New Administrative Building for NSE)
• Lease Premium: ₹757.90 crore

This is NSE’s second land allotment in BKC, following the 1993 allocation of Plot C-1 (16,038.3 sq. mt.) where its current headquarters, Exchange Plaza, is located. At the time, MMRDA had relaxed certain provisions of its Land Disposal Regulations to facilitate NSE’s presence in the newly developing commercial zone.

As per a government notification issued on July 19, 2024, NSE will also have the option to acquire additional built-up area beyond the prescribed FSI limit by paying the requisite premium to MMRDA.

Following the Commissioner’s recommendation, the allotment was formally approved by the Hon’ble Deputy Chief Minister and Urban Development Minister, Shri Eknath Shinde, who also serves as Chairman of MMRDA. The offer letter was issued to NSE on March 7, 2025.

Leaders Speak:

Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, said:
“This decision reflects Maharashtra’s commitment to fostering financial growth and infrastructure development. By enabling NSE to expand its footprint in Bandra-Kurla Complex, we are reinforcing Mumbai’s position as the financial capital of India and ensuring a conducive business environment for key institutions.”

Eknath Shinde, Hon’ble Deputy CM & Chairman, MMRDA, stated:
“The allotment of Plot C-82 to NSE is part of MMRDA’s efforts to strengthen BKC as a key financial hub. This step will boost commercial growth, support NSE’s expansion, and contribute to Mumbai’s economic development.”

Dr. Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, added:
“MMRDA is focused on developing Mumbai’s commercial infrastructure. The allotment of Plot C-82 to NSE will support the exchange’s expansion and strengthen BKC as a top business district.”

The upcoming administrative facility will enhance NSE’s operational scale, provide modern infrastructure, and accommodate its growing workforce. With this move, the exchange deepens its roots in Mumbai’s commercial landscape, while the state government underlines its long-term vision to transform BKC into a global financial powerhouse.

Also Read: Mumbai Metropolitan Region Development Authority (MMRDA)

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Project Overview

Scope and Objectives: The Mumbai Coastal Road Project is set to transform urban mobility by creating a dedicated high-capacity road network along the city’s coastline. This ambitious project includes a combination of elevated roads, tunnels, and undersea stretches, aimed at decongesting key traffic corridors and enhancing connectivity between central Mumbai and the western suburbs.

Components: The road will feature several critical components, including tunnels that cut through dense urban areas and elevated sections designed to bypass congested streets. The project also includes improved coastal infrastructure, parks, and pedestrian pathways, contributing to Mumbai’s urban landscape and quality of life.

Latest Milestone

Date of Achievement: In August 2024, the project achieved a major milestone with the completion of several key segments and substantial progress on tunneling work.

Details: The milestone marks the successful completion of multiple road segments and the nearing completion of major tunneling phases. These achievements are crucial steps toward realizing the full scope of the project and are expected to bring the completion date closer.

Impact: The recent progress is set to significantly enhance urban mobility by reducing travel times and easing congestion in some of Mumbai’s busiest areas. The completion of the tunnels and key road segments is expected to provide immediate benefits to commuters and support long-term urban planning goals.

Broader Implications

Traffic Relief: The project is anticipated to relieve pressure on existing road networks, particularly in congested areas along the western coast. By providing a new, high-capacity route, the Coastal Road Project aims to reduce travel time for thousands of daily commuters and improve overall traffic flow.

Urban Development: The development of the Coastal Road will also support urban regeneration efforts, promoting economic growth and enhancing the city’s attractiveness as a business and residential hub. The accompanying improvements to public spaces and infrastructure are expected to contribute to a higher quality of urban life.

Environmental Considerations: While the project promises substantial benefits, it is also addressing environmental concerns by incorporating green spaces and eco-friendly practices into its design and construction phases.

Next Steps

Upcoming Phases: The project will continue with the construction of additional road segments and the finalization of remaining tunneling work. Future milestones will include the completion of elevated sections and the integration of the road network with existing urban infrastructure.

Timeline: The Mumbai Coastal Road Project is on track for phased completion, with the entire road network expected to be operational by late 2025, barring any unforeseen delays.

Also Read: Mumbai Coastal Road: Paving the Way for Real Estate Boom in Western Suburbs

Conclusion: The achievement of this latest milestone underscores the significant progress of the Mumbai Coastal Road Project. As work continues, the project is set to deliver transformative benefits to Mumbai’s transportation network and urban environment, reflecting the city’s commitment to enhancing infrastructure and improving quality of life for its residents.

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