+
CRZ clearance cancellation for Mumbai Coastal Road to impact L&T, HCC order books
ROADS & HIGHWAYS

CRZ clearance cancellation for Mumbai Coastal Road to impact L&T, HCC order books

The Bombay High Court recently cancelled the coastal regulation zone (CRZ) clearances granted to the ambitious Rs 140-billion Mumbai Coastal Road Project, reasoning that there was serious lacuna in the decision-making process and lack of proper scientific study. The decision is likely to impact the order book of large construction players such as Larsen & Toubro (L&T) and HCC, who are involved in the construction of the project.

L&T’s total order book stood at Rs 2.93 trillion, while HCC’s order book at Rs 185.54 billion, as on March 2019. While L&T has been awarded two packages of the project worth Rs 74.89 billion; HCC, in a JV with Hyundai Development Corporation, has been awarded another contract worth Rs 21.26 billion. The Mumbai Coastal Road project has so far witnessed only preliminary works in terms of execution. And, notably, in the case of a delay in clearances or a lack of them, the order books of both these companies are likely to be impacted.

The High Court reportedly stated: “We declare that MCGM (Municipal Corporation of Greater Mumbai) cannot proceed with the works without obtaining an environmental clearance under the environmental impact assessment (EIA) notification. Further, permission under the Wildlife (Protection) Act, 1972, should also be obtained.” Further, as reported, the High Court noted that the environmental clearance was required to be taken by the BMC under the EIA notification issued by the Centre.

The proposed 29.2-km Mumbai coastal road project would connect the Marine Drive area of south Mumbai to suburban Borivali in the north.

The Bombay High Court recently cancelled the coastal regulation zone (CRZ) clearances granted to the ambitious Rs 140-billion Mumbai Coastal Road Project, reasoning that there was serious lacuna in the decision-making process and lack of proper scientific study. The decision is likely to impact the order book of large construction players such as Larsen & Toubro (L&T) and HCC, who are involved in the construction of the project.L&T’s total order book stood at Rs 2.93 trillion, while HCC’s order book at Rs 185.54 billion, as on March 2019. While L&T has been awarded two packages of the project worth Rs 74.89 billion; HCC, in a JV with Hyundai Development Corporation, has been awarded another contract worth Rs 21.26 billion. The Mumbai Coastal Road project has so far witnessed only preliminary works in terms of execution. And, notably, in the case of a delay in clearances or a lack of them, the order books of both these companies are likely to be impacted.The High Court reportedly stated: “We declare that MCGM (Municipal Corporation of Greater Mumbai) cannot proceed with the works without obtaining an environmental clearance under the environmental impact assessment (EIA) notification. Further, permission under the Wildlife (Protection) Act, 1972, should also be obtained.” Further, as reported, the High Court noted that the environmental clearance was required to be taken by the BMC under the EIA notification issued by the Centre.The proposed 29.2-km Mumbai coastal road project would connect the Marine Drive area of south Mumbai to suburban Borivali in the north.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?