MMRDA to assist MBMC in road concrete work

05 Sep 2023 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) announced its intention to assist the Mira-Bhayandar Municipal Corporation (MBMC) in the concretization of approximately 22 kilometres of internal and arterial roads within the twin city. The project, estimated at a cost of Rs 3.16 billion, is scheduled to span two years.

Prior to the outbreak of Covid, the MBMC had initiated the process of converting all roads falling under its jurisdiction from bituminous or unpaved surfaces to concrete ones. However, they were only able to complete one-third of the 236-kilometre-long stretch. Consequently, the MMRDA has offered its support.

According to an official, the plan for road improvement and concretization is divided into four packages. The first package will encompass 12 roads, totalling 5.304 kilometres, located in ward 2. The second phase will include 11 roads, with a combined length of 4.367 kilometres, situated in wards 2 and 4. The third part of the plan consists of 14 roads, measuring 6.385 kilometres, while the final package comprises a dozen roads with a cumulative length of 5.751 kilometres, located in wards 4 and 5.

The civic area spans 79.4 square kilometres, with approximately 18.73% of the total network, equivalent to 14.9 square kilometres, designated by the government as areas under the special planning authority.

Also read:
Bhopal cabinet approves major infrastructure projects
NHAI's project awarding and asset monetisation updates for FY24

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..