MMRDA sought SPA for the development of some MMR regions
RAILWAYS & METRO RAIL

MMRDA sought SPA for the development of some MMR regions

The Mumbai Metropolitan Regional Development Authority (MMRDA) has proposed the state government appoint a Special Planning Authority (SPA) for developing some regions in the extended Mumbai Metropolitan Region (MMR).

It is a planning authority for Bandra Kurla Complex (BKC), Proposed Growth Centre, BackBay Reclamation scheme (BBRS), Bhiwandi Surrounding Notified Area (BSNA), Gorai-Manori-Uttan Recreation and Tourism Development Zone (RTDZ), Grand Memorial of Bharat Ratna Dr Babasaheb Ambedkar, Mumbai International Airport, Oshiwara District Centre (ODC) and Wadala Notified Area.

MMRDA has also recognised eight underdevelopment regions, including the Mumbai Trans-Harbour Project Impact Zone, Poynad Region, Boisar Region, Kharbao Region, Neral Region, Pen Region, Karjat Region and Alibaug Region.

It was discussed in the 151st meeting, chaired by the Minister of Urban Development, Eknath Shinde, to develop these regions and generate revenue for MMRDA.

It was also proposed that the MMRDA will be appointed as the SPA for these regions to help in well-planned development and generate revenue for the projects undertaken by MMRDA.

Officials said that the infrastructure projects undertaken by MMRDA in MMR are the Mumbai Trans-Harbour Link (MTHL), Virar-Alibaug Multi-Modal Corridor, Mumbai-Ahmedabad High-Speed Rail Corridor, Navi Mumbai International Airport and others.

The implementation of these projects will increase the possibility of rapid development in these areas.

According to an official, it is necessary to develop these areas in a well-planned manner and under the regional development plan of MMR, which was sanctioned in April 2021.

The official said that looking at the population of these areas and the development by MMRDA appointed as SPA, a source of revenue will be available for these regions for the implementation of the projects undertaken by MMRDA.

According to an MMRDA official, if the state government approves the proposal, MMRDA can develop these areas on the lines of BKC and implement many residential and commercial projects.

Image Source

Also read: MMRDA to purchase 10 more rakes for Mumbai monorail project

Also read: MMRDA approves Rs 101 crore for repairing Ulhasnagar roads

The Mumbai Metropolitan Regional Development Authority (MMRDA) has proposed the state government appoint a Special Planning Authority (SPA) for developing some regions in the extended Mumbai Metropolitan Region (MMR). It is a planning authority for Bandra Kurla Complex (BKC), Proposed Growth Centre, BackBay Reclamation scheme (BBRS), Bhiwandi Surrounding Notified Area (BSNA), Gorai-Manori-Uttan Recreation and Tourism Development Zone (RTDZ), Grand Memorial of Bharat Ratna Dr Babasaheb Ambedkar, Mumbai International Airport, Oshiwara District Centre (ODC) and Wadala Notified Area. MMRDA has also recognised eight underdevelopment regions, including the Mumbai Trans-Harbour Project Impact Zone, Poynad Region, Boisar Region, Kharbao Region, Neral Region, Pen Region, Karjat Region and Alibaug Region. It was discussed in the 151st meeting, chaired by the Minister of Urban Development, Eknath Shinde, to develop these regions and generate revenue for MMRDA. It was also proposed that the MMRDA will be appointed as the SPA for these regions to help in well-planned development and generate revenue for the projects undertaken by MMRDA. Officials said that the infrastructure projects undertaken by MMRDA in MMR are the Mumbai Trans-Harbour Link (MTHL), Virar-Alibaug Multi-Modal Corridor, Mumbai-Ahmedabad High-Speed Rail Corridor, Navi Mumbai International Airport and others. The implementation of these projects will increase the possibility of rapid development in these areas. According to an official, it is necessary to develop these areas in a well-planned manner and under the regional development plan of MMR, which was sanctioned in April 2021. The official said that looking at the population of these areas and the development by MMRDA appointed as SPA, a source of revenue will be available for these regions for the implementation of the projects undertaken by MMRDA. According to an MMRDA official, if the state government approves the proposal, MMRDA can develop these areas on the lines of BKC and implement many residential and commercial projects. Image Source Also read: MMRDA to purchase 10 more rakes for Mumbai monorail project Also read: MMRDA approves Rs 101 crore for repairing Ulhasnagar roads

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?