Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

MMRDA to execute INR 58,754-crore Uttan-Virar Sea Link with 60-month timeline

#Infrastructure News#Infrastructure#India#Maharashtra#Mumbai City
Last Updated : 28th Nov, 2025
Synopsis

The Maharashtra government has approved the detailed project report and phase I implementation plan for the Uttan-Virar Sea Link, a large regional connectivity project valued at INR 58,755 crore. The plan covers a 24.35 km sea bridge and 30.77 km of connecting roads, forming a 55.12 km corridor. The state will extend INR 11,116.27 crore as non-interest support, while the remaining funds will be raised by MMRDA and external borrowings. The proposal follows earlier revisions that had significantly reduced the project's earlier estimated cost.

The Maharashtra government has formally cleared the detailed project report and implementation structure for the first phase of the Uttan-Virar Sea Link project, with total costs estimated at INR 58,754.71 crore. The Mumbai Metropolitan Region Development Authority (MMRDA) will be responsible for executing the entire project, which is intended to improve road access between Mumbai's western suburbs and the Palghar region, where the proposed Vadhavan Port is planned.


The approved phase covers a 24.35 km sea link and 30.77 km of approach and connecting roads through the Uttan, Vasai and Virar areas. Together, these components form a 55.12 km corridor. The construction timeline for this phase has been set at 60 months. The government resolution specifies that INR 11,116.27 crore will be provided as non-interest assistance. This support will cover statutory charges, land acquisition, resettlement and rehabilitation expenses. The remaining project expenditure will be met through MMRDA's internal resources and external borrowing.

As per the decision, government land required for the corridor will be transferred to MMRDA without cost. Acquisition of private land will be carried out as per existing legal provisions or through development-rights mechanisms, depending on suitability. The agency has also been allowed to collect tolls through an access-controlled system after completion. Additional revenue may be raised through user charges, commercial facilities and advertising to maintain long-term financial sustainability.

This clearance follows earlier efforts to rework the layout and engineering design of the project. The revised plan had brought down earlier estimates that had once touched nearly INR 87,427 crore. Cost reduction was achieved by optimising lane width, reducing the number of lanes, updating structural design and lowering the extent of land acquisition. These revisions allowed the project to move forward with a more practical financial model while retaining the essential connectivity features.

Related News

Have something to say? Post your comment

Recent Messages