Mmrda

94% expenditure marked for road, bridge, infra projects in MMRDA budget

The Mumbai Metropolitan Region Development Authority's budget for fiscal 2023-24 was presented by Metropolitan Commissioner SVR Srinivas on Friday, with 94 per cent of expenditure earmarked for road and bridge projects, public transport and other infrastructure development works. As per an MMRDA release, the total estimated receipt is Rs.23,689.77 crores, including a loan from the Maharashtra government, while the total estimated expenditure is Rs. 28,704.98 crore, leaving a deficit of Rs 5,014.41 crore. It was presented in the MMRDA's 15th meeting in the presence of Chief Minister Eknath Shinde and his deputy Devendra Fadnavis. Srinivas also presented a revised budget of MMRDA for 2022-23 with estimated total revenue of Rs.14,535.39 crore and total expenditure estimated at Rs.15,452.98 crores. Both the budgets were approved in the meeting, the release informed. "Out of total estimated expenditure for 2023-24, 94 per cent, or Rs.27,079.69 crore, will be spent on Road and Bridge ...

Over 1 mn commuters travelled by Metro lines since inauguration: MMRDA

Mumbai One Card is the one common mobility card needed during travel, stated the commissioner

Maharashtra: MMRDA allowed to take loans up to Rs 60k cr for infra projects

The Maharashtra government will stand guarantor for the loans and stamp duty on the government guarantee has been waived off for an amount of Rs 12,000 crore to be raised in the first phase, CMO said.

Mumbai Metro's red line 7, yellow line 2A to be operational in 3-4 months

Mumbai Metro's red line 7 and yellow line 2A are likely be operational within the next three to four months, informed the Mumbai Metropolitan Region Development Authority (MMRDA) on Tuesday

DLF 3.0: Realtor ventures into new territories after four decades

DLF's tryst with the MMR market is not completely new. It has had smaller joint ventures and land ownership projects in the region earlier

Construction firm J Kumar Infraprojects bags Rs 1,307.8 cr order from MMRDA

Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority

Boost to production and pvt investment as mining reforms get green signal

Centre removes distinction between captive and merchant mines, will amend the Mines and Minerals (Development and Regulation) Act, 1957 to enforce reforms

Mumbai to join Kolkata, Delhi as Metro service resumes on October 19

The 11.4 km line, shut as a containment measure against Covid-19, is operated through a public private partnership between Reliance Infrastructure and MMRDA

Mumbai metro car shed shifting cost will be over Rs 200 cr: MMRDA

Chief Minister Uddhav Thackeray on Sunday announced shifting of the upcoming metro 3 depot to Kanjurmarg from Aarey Colony, a prominent green lung in the city

State infrastructure development authorities MMRDA, MSRDC swap projects

According to reports, the decision to swap the projects was taken during a meeting between the two authorities in August

Uddhav Thackeray asks MMRDA to see if metro car-shed can shift out of Aarey

Thackeray on Friday asked the Mumbai Metro and MMRDA officials to examine whether the proposed Metro car-shedin Aarey Colony can be shifted to Pahadi Goregaon area near Oshiwara.

MMRDA spends Rs 53 cr on makeshift Covid-19 hospital at Mumbai's BKC

The MMRDA has informed RTI activist Anil Galgali that it spent Rs 53 crore on account of constructing the Covid hospital in BKC

Three Indian companies express interest in Mumbai monorail projects

Last year, MMRDA had floated a global tender to design, manufacture and supply 10 rakes

Construction firms turn to apps in search of labour amid Covid-19 crisis

Many firms are now hiring local labour.

India has the ability to reduce dependence on China, cut deficit: Report

The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.

MMRDA hands over second phase of its Covid-19 hospital at BKC to BMC

The second phase of the hospital was completed in 17 days. It has 100 beds with ICU services, while the other 900 are divided into oxygen and non-oxygen facility equally

Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown

DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr

Construction to resume, focus now on labour, raw materials and funds

Not all companies to gain. while those in hotspots will remain shut, industry feels relaxation applies only to open-air work, not underground or tunnelling operations

Wadala on track to become a mini Bandra-Kurla Complex: Naredco president

The area has a new flyover and is emerging as the new central business district of Mumbai

MMRDA plans to offer metro lines under the toll operate transfer model

The city is developing projects worth Rs 1.4 to Rs 1.5 trillion to improve infrastructure