PM Modi to unveil segment of Coastal Road
ROADS & HIGHWAYS

PM Modi to unveil segment of Coastal Road

It has been announced that Prime Minister Narendra Modi is set to inaugurate a partial stretch of the ambitious coastal road project by the Brihanmumbai Municipal Corporation (BMC) on February 9. Originally, the groundbreaking ceremony was intended to be led by Shiv Sena UBT chief Uddhav Thackeray, but the swift inauguration by the Bharatiya Janata Party (BJP) has raised concerns, especially with the upcoming Lok Sabha elections and the enforcement of the election code of conduct.

As per reports, the inaugurated segment will be the southbound stretch from Worli to Marine Drive. The coastal road, spanning from Princess Street in Marine Drive to the Worli end of Bandra-Worli Sea Link, addresses the long-standing issue of traffic congestion. It is anticipated to be operational from Monday to Friday, between 8 am to 8 pm, with closures on weekends to facilitate ongoing construction. Chief Minister Eknath Shinde rejected the proposed toll of Rs 85 for using the coastal road.

The total project cost of Rs 139.84 billion includes a construction cost of Rs 93.84 billion, with the remaining funds allocated for administrative charges, physical infrastructure, water and sewerage facilities, cost contingencies, supervision, compensation for mangroves, and the relocation of utilities. The project's overall progress currently stands at 84 percent.

It has been announced that Prime Minister Narendra Modi is set to inaugurate a partial stretch of the ambitious coastal road project by the Brihanmumbai Municipal Corporation (BMC) on February 9. Originally, the groundbreaking ceremony was intended to be led by Shiv Sena UBT chief Uddhav Thackeray, but the swift inauguration by the Bharatiya Janata Party (BJP) has raised concerns, especially with the upcoming Lok Sabha elections and the enforcement of the election code of conduct. As per reports, the inaugurated segment will be the southbound stretch from Worli to Marine Drive. The coastal road, spanning from Princess Street in Marine Drive to the Worli end of Bandra-Worli Sea Link, addresses the long-standing issue of traffic congestion. It is anticipated to be operational from Monday to Friday, between 8 am to 8 pm, with closures on weekends to facilitate ongoing construction. Chief Minister Eknath Shinde rejected the proposed toll of Rs 85 for using the coastal road. The total project cost of Rs 139.84 billion includes a construction cost of Rs 93.84 billion, with the remaining funds allocated for administrative charges, physical infrastructure, water and sewerage facilities, cost contingencies, supervision, compensation for mangroves, and the relocation of utilities. The project's overall progress currently stands at 84 percent.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?