How Will Maharashtra Develop Economic Hubs Near Infrastructure Projects?

Synopsis
Key Takeaways
- Transformation of government land into economic hubs.
- Focus on environmental conservation during project execution.
- Completion deadline set for December 2028.
- Collaboration with Mumbai Metropolitan Region Development Authority.
- Revenue generation through a dedicated advertising policy.
Mumbai, June 27 (NationPress) The Chief Minister of Maharashtra, Devendra Fadnavis, on Friday urged local officials to identify and transform government-owned land near significant infrastructure projects into vibrant new economic hubs inspired by the Bandra-Kurla Complex (BKC).
These instructions were given during a review meeting focused on the Versova to Bhayandar coastal road initiative.
Chief Minister Fadnavis also emphasized the importance of executing the road project while ensuring the preservation of mangrove forests.
He highlighted the need to develop additional mangrove areas to offset the impact of the project.
All necessary approvals for the project should be secured concurrently, with a commitment to complete the entire project by the deadline of December 2028, he stated.
Approximately 165 hectares of land will be required for this coastal road project, the majority of which is owned by the government.
He instructed relevant agencies to finalize the transfer of this government land within 15 days.
Additionally, the land needed from the Department of Fisheries at Versova should be procured through a diligent follow-up.
The coastal road from Madh to Versova must be developed in collaboration with the Mumbai Metropolitan Region Development Authority, he mentioned.
While constructing the coastal road, CM Fadnavis proposed the creation of a dedicated advertising policy that would include hoardings and flex banners along the route.
An advisor should be appointed for this initiative, and the revenue generated from advertisements should be allocated for road maintenance and repairs, he added.
The Versova to Bhayandar Coastal Road, along with the Link Road, spans a total length of 63 km and will be executed in six phases.
The government has already initiated the tender process, according to their statement.
The review meeting also included key officials such as Brihanmumbai Municipal Corporation Commissioner Bhushan Gagrani, BMC Additional Commissioner Abhijeet Bangar, Thane Collector Ashok Shingare, Mumbai Suburban Collector Saurabh Katiyar, Mira-Bhayandar Municipal Commissioner R.A. Sharma, and Maharashtra State Road Development Corporation Managing Director Anil Gaikwad.