MMRDA Seeks Rs 40 Bn for Mumbai's Ramabai Nagar Redevelopment

06 Feb 2024 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated a request for funds amounting to Rs 40 billion to facilitate the redevelopment of Ramabai Nagar in Mumbai, according to a report by Economic Times.

The ambitious redevelopment project aims to transform the landscape of Ramabai Nagar, addressing infrastructure and housing needs in the region. The MMRDA, responsible for planning and development in the Mumbai Metropolitan Region, is actively seeking financial support to undertake this significant urban renewal initiative.

Ramabai Nagar, a prominent locality in Mumbai, is set to undergo a comprehensive makeover, including the redevelopment of existing structures, enhancement of civic amenities, and improvement of overall urban infrastructure. The infusion of Rs 40 billion is expected to play a pivotal role in financing the multifaceted aspects of this redevelopment plan.

The proposal reflects MMRDA's commitment to sustainable urban development and its proactive approach to addressing the growing demands of an expanding metropolis. The redevelopment of Ramabai Nagar aligns with the broader vision of creating modern, well-planned urban spaces that cater to the evolving needs of the city and its residents.

As MMRDA seeks financial backing for this ambitious project, stakeholders and residents will be closely watching the developments, anticipating positive transformations in the urban fabric of Ramabai Nagar in the near future.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..