Maharashtra Clears Rs 750 Billion Urban Infra Projects
ECONOMY & POLICY

Maharashtra Clears Rs 750 Billion Urban Infra Projects

The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has cleared infrastructure projects worth Rs 750 billion (Rs 75,000 crore) across Mumbai, Thane, Navi Mumbai, Pune, and Nagpur, including the ambitious Mumbai Metro Line-11 linking Wadala to Gateway of India, at an estimated cost of Rs 240 billion (Rs 24,000 crore).

Mumbai Metro Line-11: Wadala to Gateway of India
The 17.5-km underground corridor will extend the existing Line-4 (Wadala–Thane–Kasarvadavli) and feature 14 stations, 13 of them underground. Designed to run six-car trains at 80 kmph with a 2.5-minute headway, the line is expected to serve 5.8 lakh daily riders by 2031, rising to 10 lakh by 2055. The project requires 104 acres, including 56 acres of permanent acquisition.

A car depot will be developed at Anik–Pratiksha Nagar on 39 acres of BEST land, integrating bus operations. Funding support includes JICA loans, Rs 31.4 billion equity, and Rs 9.17 billion in subordinate debt from the Centre.

238 AC Locals & MUTP-3B Expansion
The cabinet sanctioned the purchase of 238 air-conditioned suburban trains under MUTP-3 and MUTP-3A for Rs 48.3 billion, equally shared by the Centre and state.

Under MUTP-3B, 136.6 km of new rail corridors worth Rs 149 billion were approved, including:
  • Badlapur–Karjat 3rd & 4th lines (32.46 km)
  • Asangaon–Kasara 4th line (34.97 km)
  • New Panvel–Vasai corridor (69.2 km)
State support will include a ticket surcharge and monetisation of Bandra (East) railway land.
Metro Expansion in Pune, Thane, and Nagpur

Loan arrangements were cleared for:
  • Thane Circular Metro
  • Multiple Pune Metro corridors: Pimpri–Nigdi, Swargate–Katraj, Vanaz–Chandni Chowk, and more
  • Nagpur Metro Phase II

The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has cleared infrastructure projects worth Rs 750 billion (Rs 75,000 crore) across Mumbai, Thane, Navi Mumbai, Pune, and Nagpur, including the ambitious Mumbai Metro Line-11 linking Wadala to Gateway of India, at an estimated cost of Rs 240 billion (Rs 24,000 crore).Mumbai Metro Line-11: Wadala to Gateway of IndiaThe 17.5-km underground corridor will extend the existing Line-4 (Wadala–Thane–Kasarvadavli) and feature 14 stations, 13 of them underground. Designed to run six-car trains at 80 kmph with a 2.5-minute headway, the line is expected to serve 5.8 lakh daily riders by 2031, rising to 10 lakh by 2055. The project requires 104 acres, including 56 acres of permanent acquisition.A car depot will be developed at Anik–Pratiksha Nagar on 39 acres of BEST land, integrating bus operations. Funding support includes JICA loans, Rs 31.4 billion equity, and Rs 9.17 billion in subordinate debt from the Centre.238 AC Locals & MUTP-3B ExpansionThe cabinet sanctioned the purchase of 238 air-conditioned suburban trains under MUTP-3 and MUTP-3A for Rs 48.3 billion, equally shared by the Centre and state.Under MUTP-3B, 136.6 km of new rail corridors worth Rs 149 billion were approved, including:Badlapur–Karjat 3rd & 4th lines (32.46 km)Asangaon–Kasara 4th line (34.97 km)New Panvel–Vasai corridor (69.2 km)State support will include a ticket surcharge and monetisation of Bandra (East) railway land.Metro Expansion in Pune, Thane, and NagpurLoan arrangements were cleared for:Thane Circular MetroMultiple Pune Metro corridors: Pimpri–Nigdi, Swargate–Katraj, Vanaz–Chandni Chowk, and moreNagpur Metro Phase II

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement