MMRDA proposes TOD charge for projects near Metro 7

02 Jun 2023 CW Team

In a significant role reversal, the Mumbai Metropolitan Region Development Authority (MMRDA) has submitted a proposal to the urban development department suggesting the implementation of a transit-oriented development (TOD) charge on new residential and commercial buildings within a 200-meter radius of the Gundavali-Dahisar East Metro 7 line. This proposal, discussed during a recent MMRDA meeting chaired by Chief Minister Eknath Shinde, aims to tap into the profits generated by developers who have benefited from government infrastructure projects for years. The fee amount is yet to be determined by the MMRDA.

SVR Srinivas, the metropolitan commissioner of MMRDA, stated that the concept of TOD is being explored on a larger scale, starting with Metro 7 as a pilot project. If approved, this approach can be replicated in other mass transit projects, potentially generating Rs 100 billion for the MMRDA, according to officials.

Developers have marketed their properties by emphasising their proximity to metro lines, bridges, and flyovers, resulting in substantial profits from selling premium inventories. The MMRDA aims to redirect some of these benefits toward the city's development. However, developers argue that they are already burdened with various charges paid to the government and are not willing to incur additional expenses.

Metro 7, situated on the western express highway, has had a transformative effect on the region. Property registrations in the western suburbs have increased from 51% in April 2022, when phase 1 of metro lines 2A and 7 commenced, to 58% in May 2023, as reported by Knight Frank India.

Prominent developers such as Godrej Properties, Adani Realty, and Shapoorji Pallonji have undertaken construction or proposed multi-storied buildings along the western express highway and Metro 7. The operational metro lines have brought about a significant change in the dynamics of the region, according to Vivek Mohanani, MD and CEO of Ekta World.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..