Mumbai Coastal Road to Fully Open by February

29 Jan 2025 CW Team

The much-anticipated Mumbai Coastal Road project is set to be fully operational by February, Chief Minister Devendra Fadnavis announced during the inauguration of the North Channel Bridge. This new bridge connects the Coastal Road with the Worli-Bandra Sea Link and includes three inter-modal crossings to benefit commuters from Worli, Prabhadevi, Lower Parel, and Lotus Junction. Maharashtra Deputy Chief Minister Eknath Shinde also attended the event. CM Fadnavis, in a post on social media platform X, highlighted that 94% of the Coastal Road work is complete and assured that the Prabhadevi Connector will be finished in February, enabling the road’s full launch. He emphasised that the project will significantly reduce travel time and help mitigate pollution for Mumbai residents. Expressing gratitude, he added, “I thank all the officers, engineers, BMC employees, contractors, and construction workers for their dedication and hard work in successfully completing this landmark project.” According to the Brihanmumbai Municipal Corporation (BMC), traffic on the Coastal Road officially commenced on January 27, 2025, with operational hours set from 7:00 AM to 12:00 midnight daily. Between March 12 and December 31, 2024, over 5 million vehicles utilised the Coastal Road, with an average daily count of 18,000–20,000 vehicles, according to PTI. Key features • Length: 827 meters (699 meters above sea and a 128-meter access road). • Bo Arch String Girder: 143 meters long, 27 meters wide, 31 meters high, and weighing 2,400 metric tonnes. Highlights • Cost: Rs 127.21 billion (excluding rehabilitation, acquisition, and landscaping). • Road Specifications: Total span of 10.58 km, including twin tunnels of 3.45 km each, with an internal diameter of 11 meters and three lanes per tunnel. • Design: An eight-lane configuration aimed at easing congestion and boosting connectivity. The Coastal Road promises to transform daily commutes and enhance the quality of life for Mumbaikars by offering faster, safer, and more environmentally friendly travel options. (ET)

Infrastructure Urban

06 Apr 2026

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..

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..

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..