How Will Maharashtra Develop Economic Hubs Near Infrastructure Projects?

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How Will Maharashtra Develop Economic Hubs Near Infrastructure Projects?

Synopsis

Maharashtra's vision for economic growth takes a bold step forward as Chief Minister Devendra Fadnavis calls for the transformation of government land into vibrant economic hubs near infrastructure projects. Discover how this initiative will shape the state's future.

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.

Point of View

I recognize the significance of Chief Minister Devendra Fadnavis's proposal to develop economic hubs on government land. This initiative is not only a step towards enhancing economic growth but also an opportunity to ensure environmental sustainability. It exemplifies a balanced approach to development that prioritizes both progress and ecological conservation in Maharashtra.
NationPress
27/06/2025

Frequently Asked Questions

What is the purpose of developing economic hubs on government land?
The initiative aims to boost the local economy by creating new economic hubs, similar to the Bandra-Kurla Complex, near major infrastructure projects.
How will the coastal road project ensure environmental protection?
The project includes measures to conserve mangrove forests and develop additional areas to offset any environmental impacts.
What is the timeline for the coastal road project?
The project is set for completion by December 2028, with a total length of 63 km implemented in six phases.
What role does advertising play in this project?
An advertising policy will be created to generate revenue for road maintenance and repairs through hoardings and flex banners.
Who attended the review meeting on this initiative?
Key officials from the Brihanmumbai Municipal Corporation, Thane Collectorate, and Maharashtra State Road Development Corporation participated in the meeting.