How Can Maharashtra Develop Economic Hubs Near Infrastructure Projects?
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Synopsis
Maharashtra's Chief Minister Devendra Fadnavis calls for creating economic hubs on government land adjacent to major infrastructure projects. This bold initiative aims to emulate the Bandra-Kurla Complex model, ensuring sustainable development while preserving mangroves. With a deadline of December 2028, this project promises to reshape the region's economic landscape.
Key Takeaways
- Transform government land into economic hubs.
- Emulate the Bandra-Kurla Complex model.
- Ensure mangrove conservation during construction.
- Complete all approvals by December 2028.
- Implement a dedicated advertising policy for revenue generation.
Mumbai, June 27 (NationPress) In a significant directive, Maharashtra's Chief Minister Devendra Fadnavis urged the administration to identify and transform adjacent government lands into vibrant economic hubs following the completion of key infrastructure initiatives, emulating the successful model of the Bandra-Kurla Complex (BKC).
These instructions were issued during a review meeting focused on the coastal road project from Versova to Bhayandar.
Chief Minister Fadnavis also emphasized the importance of executing the road project while preserving the mangrove forests.
He highlighted that measures must be taken to develop alternative mangrove areas to offset those impacted by the project.
It is essential to secure all necessary project approvals concurrently, ensuring the entire initiative is finalized by the deadline of December 2028, he asserted.
Approximately 165 hectares of land will be necessary for the coastal road, the majority of which is owned by the government.
He tasked the relevant agencies with completing the process of transferring this government land within 15 days.
The Chief Minister also instructed that land from the Fisheries Department at Versova be acquired through a systematic approach.
Coordination with the Mumbai Metropolitan Region Development Authority is required for the development of the coastal road from Madh to Versova, he stated.
While constructing the coastal road, CM Fadnavis recommended the establishment of a dedicated advertising policy, including 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 repairs and upkeep, as per the Chief Minister's suggestions.
The total length of the Versova to Bhayandar Coastal Road, along with the Link Road, is 63 km and will be executed in six phases.
The government has already initiated the tender process, according to an official statement.
This review meeting included key officials such as Brihanmumbai Municipal Corporation (BMC) 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
The initiative led by CM Fadnavis holds promise for economic growth and sustainable development. By focusing on the preservation of mangroves while creating new economic zones, Maharashtra is positioning itself as a leader in responsible urban development. This balanced approach could set a precedent for other states to follow.
NationPress
27/06/2025
Frequently Asked Questions
What is the goal of developing economic hubs in Maharashtra?
The goal is to create new economic zones on government land near infrastructure projects, emulating the success of the Bandra-Kurla Complex.
How will the coastal road project affect mangrove forests?
The project is planned to conserve existing mangrove forests, with efforts to develop additional areas to offset any affected by the construction.
What is the timeline for the coastal road project?
The project is expected to be completed by December 2028 and will be executed in six phases.
