7 megaprojects that will transform Navi Mumbai

Navi Mumbai, a painstakingly planned and built metropolis since the 1970s, is about to receive a huge infrastructure boost. With its near proximity to Pune and all nodal locations in Mumbai, Navi Mumbai will gain great dividends for its desirable position as the Government’s key infrastructure plans begin to materialise.

 7 mega projects in Navi Mumbai

International Airport of Navi Mumbai

Navi Mumbai International Airport is the most notable of these infrastructure improvements. The government anticipates the first phase of this Rs. 16,000 crore mega project to be finished and functioning by 2023. This would make Kharghar not just an easily accessible MMR hotspot, but also a commercial highway for current power centres across the world, like the United States, China, Russia, Japan, and the Middle East, to mention a few.

 


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Kharghar Has a Massive Business District

Kharghar is the most developed of the Navi Mumbai nodes. It is ideally positioned about 12 kilometres from the planned Navi Mumbai International Airport. CIDCO (The City and Industrial Development Corporation of Maharashtra Ltd) intends to build a commercial area here along the lines of Mumbai’s Bandra Kurla Complex. Aside from hosting major enterprises, this township would house an estimated 1 lakh people and provide a place where people can stroll to work. It will be brimming with educational institutions, entertainment, and healthcare choices to provide its residents with a more luxurious lifestyle.

This Business District will be linked to Thane through a 3 km tunnel that will go through Parsik Hill. The cost of this project is expected to be Rs. 3,000 crores.

 

A cloverleaf interchange with the Mumbai Trans Harbour Link (MTHL)

MMRDA is building the Mumbai Trans Harbour Link (MTHL), a groundbreaking venture that will quickly and efficiently connect Navi Mumbai to the heart of Mumbai (Mumbai Metropolitan Region Development Authority.) It would link Sewri in south-central Mumbai with Nhava Sheva in Navi Mumbai. The project is already moving at a breakneck pace. This MTHL will also be linked to four important highways in Mumbai by a Cloverleaf Interchange Loop, which would improve connectivity between Navi Mumbai and Central and South Mumbai.

 7 mega projects in Navi Mumbai

Navi Mumbai Gets a New Metro Line

Along with the construction of sea crossings and highways, the government is committed to the creation of a quick mass transportation system that will benefit a large number of people all at once. As a result, the Maharashtra government has approved a new Metro Railway project of 33.15 kilometres from Navi Mumbai International Airport to Chhatrapati Shivaji Maharaj International Airport.

 


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Water Taxi and Water Transport Connectivity

Mumbai the Port Trust intends to start a water taxi service between Mumbai’s ‘Bhau cha Dhakka’ and Belapur and Nerul in Navi Mumbai. Furthermore, a feasibility study conducted by the Mumbai Port Trust reveals promising findings for linking the planned Navi Mumbai airport to the neighbouring cities of Mumbai, Thane, Kalyan, and Vasai via underused coastline utilising catamarans, hovercrafts, and seaplanes.

 

Coastal Road of Navi Mumbai

CIDCO intends to connect Kharghar to Amra Marg in Panvel by a coastal road equipped with an Intelligent Traffic Control System by 2021. This route will allow for uninterrupted traffic flow between Navi Mumbai International Airport and the Mumbai Trans Harbour Link.

 

Navi Mumbai: A Future Corporate Hub

Attractive land prices and an abundance of competent human resources operate as magnets, attracting large corporations and real estate developers to Navi Mumbai. In the previous five years, the rate of office absorption has increased fivefold, and there is now 18 million square feet of office space in operation in Navi Mumbai. Accenture, L&T Infotech, and Capgemini are examples of both Indian and foreign enterprises.

 


 

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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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