Infrastructure

As a first step, the MMRDA proposes a transit-oriented development (TOD) levy on all new residential and commercial structures built within 200 metres of Mumbai Metro Line 7.

As per news sources, Singapore's sovereign wealth fund GIC is evaluating a 1.5 trillion rupee (INR) investment in IRB Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by the construction company IRB Infrastructure Developers.

The longest sea bridge in the country is currently being built in Mumbai. Connecting Sewri in South Mumbai to Chirle in Navi Mumbai, the Mumbai Trans Harbour Link (MTHL) is a massive civil project spearheaded by the MMRDA.

Nashik Credai Metro has appointed Krunal Patil president of the Nashik Chapter for the years 2023-24. He succeeds Ravi Mahajan as the sixteenth President to be appointed.

The much-anticipated Thane Coastal road, which is intended to alleviate congestion on the Ghodbunder road, is likely to gain momentum as the MMRDA is expected to begin its tendering process shortly, according to officials.

With progress being made on the Navi Mumbai International Airport, the two development agencies in the Mumbai Metropolitan Area have revived the Airport Express Line.

The connectivity boost that the Metro network would bring in the congested Whitefield neighbourhood by connecting it to the city's core is expected to increase real estate prices in the area and its surrounds, according to an industry expert.

Madurai Metro - Information & Updates

Mathura Metro - Information & Updates

In Mumbai, the BMC has issued bids for the building of an elevated road between Orange Gate (where the Eastern Freeway starts in south Mumbai) and Grant Road in February 2023.

The first section of the Mumbai coastal route from Marine Drive to Worli should be finished by November 2023.

The Complete Guide to Infrastructure Projects in Mumbai 2023, Mumbai Real Estate

There is a lot of aniticipation and a lot of expectation from the the Delhi-Mumbai Expressway which will be launched by Prime Minister Narendra Modi in the presence of Nitin Gadkari, the Union Minister for Road Transport and Highways, soon.