Maharashtra Government Allocates Rs 19.50 Crore for Mumbai Metro Line-5 Project

The Maharashtra Government has sanctioned ₹19.50 crore as a soft loan for the Mumbai Metro Line-5 (Thane-Kalyan-Bhiwandi) project under MMRDA. This funding aims to accelerate metro construction, improve urban transport connectivity, and facilitate economic growth in the region. The government has allocated this amount under the 2024-25 budget, ensuring smoother execution of this crucial infrastructure project.

Double-Decker Flyover Inaugurated in Mira Bhayander to Improve Connectivity

MMRDA has inaugurated a double-decker flyover in Mira Bhayander as part of Metro Line-9, designed to decongest major traffic bottlenecks and improve road connectivity. Built with a shared pier structure, the 850-meter-long flyover enhances urban mobility by integrating metro and road transport. The project is expected to reduce travel time, improve traffic flow, and support sustainable transport solutions in one of Mumbai’s fastest-growing suburbs.

MMRDA Allocates Land to NPCI in BKC for Global Headquarters

MMRDA has allocated land in Bandra Kurla Complex (BKC) to NPCI for its global headquarters, reinforcing Mumbai’s role as a fintech and digital payments hub. The headquarters will drive advancements in AI-driven financial services, cybersecurity, and blockchain, attracting startups and investors. This move aligns with India’s growing dominance in digital transactions and ensures continued leadership in global payment solutions.

MMRDA Secures Rs. 31,673.79 Crore Loan to Accelerate Major Infrastructure Projects in MMR

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a substantial loan to fast-track nine key infrastructure projects, including the Thane-Borivali Twin Tunnel Project, aimed at improving connectivity and boosting the region’s economic potential.

MMRDA Approves Pod Taxi Project for Enhanced Connectivity in BKC

MMRDA has approved M/s. Sai Green Mobility for the Pod Taxi project in Bandra-Kurla Complex (BKC). This automated transit system will enhance last-mile connectivity and reduce congestion, offering a modern solution to the needs of daily commuters in one of Mumbai’s busiest areas.