Versova-Bandra Sea Link Set for Completion by July 2027

17 Jun 2025 CW Team

The Versova-Bandra Sea Link (VBSL) is expected to be operational by July 2027, with 25 per cent of the construction work already completed. The Rs 181.2 billion infrastructure project—up from its original estimate of Rs 113.32 billion—is steadily advancing despite the complexities of marine engineering.

According to Rajesh Patil, Joint Managing Director of the Maharashtra State Road Development Corporation (MSRDC), the initial foundation and pier work is progressing rapidly. While work in the sea will pause during the monsoon, land-based construction, including connectors, will continue throughout the season.

The project cost has escalated by Rs 67.88 billion due to the relocation of the casting yard from Juhu to Malad and additional outlays for lighting and beautification.

Once operational, the 12.4 km VBSL will significantly reduce travel time between Bandra and Versova from the current 45–60 minutes to under 15 minutes during peak hours.

MSRDC officials highlight several ancillary benefits, including improved traffic conditions, reduced fuel consumption and vehicle maintenance costs, environmental gains, job creation, land value appreciation, and lower commuter stress.

The project includes several key connectors:

A 2.25 km (2+2 lane) connector at Bandra
A 2.57 km (3+3 lane) connector at Carter Road
A 4.5 km (2+2 lane) connector at Juhu
A 4.29 km connector at Versova, which features a cable-stayed bridge

Once completed, the VBSL is expected to relieve pressure on existing arterial roads, such as Link Road, SV Road, and the Western Express Highway, particularly between Andheri and Bandra.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..