MMRDA, World Bank collaborate for sustainable transit development

The Mumbai Metropolitan Region Development Authority (MMRDA) has recently joined forces with the World Bank to advance sustainable transportation and transit-oriented development (TOD) in the Mumbai Metropolitan Region (MMR). The collaboration, officially announced by the authority, aims to bring about positive changes in the region's transportation system and urban planning.TOD is an urban planning approach that promotes the use of public transit, walking, and cycling as the primary means of transportation. The MMRDA has taken the initiative to formulate TOD policies and regulations specifically for the Mass Rapid Transit System (MRTS) in the Mumbai Metropolitan Region, which is expected to receive approval in the near future.Once these regulations are established, they will facilitate redevelopment and green field development in the MMR. The focus will be on creating a pedestrian-friendly environment while generating revenue for the MMRDA to fund large-scale infrastructure projects. The MMRDA officials have expressed their intention to leverage various crucial transportation infrastructure projects such as Metro stations, monorail stations, high-speed rail stations, the Mumbai Trans Harbour Link (MTHL), and the development of growth centers to drive sustainable urban growth. Under the TOD policy, the MMRDA will charge a premium for development undertaken in the influence area.This collaboration with the World Bank, leveraging their expertise, combined with the extensive network of Metro lines and over 400 stations, is poised to play a crucial role in transforming the MMR. The partnership will tackle key challenges faced by Mumbai, including rehabilitation, redevelopment, and the creation of affordable, accessible, and inclusive housing options with vibrant community spaces around the stations. These efforts will substantially reduce the city's carbon footprint and contribute to achieving sustainable development goals, explained the MMRDA official.