Aaditya Thackeray, the leader of the Maharashtra Navnirman Sena, has strongly criticized the Maharashtra government for its decision to hand over open spaces, including the Mumbai Coastal Road, to real estate developers. Thackeray argues that this move wi
Aaditya ThackerayMumbai Coastal RoadReal Estate DevelopersUrban PlanningPublic SpacesReal Estate MumbaiMar 26, 2025
Aaditya Thackeray is concerned that the decision to hand over public spaces, including the Mumbai Coastal Road, to private developers will benefit a few builders at the cost of the city's residents and the environment.
The Mumbai Coastal Road project is significant because it is a key infrastructure initiative designed to ease traffic congestion and provide a green space for the city's residents. It has the potential to greatly improve the quality of life in Mumbai.
The real estate developers have shown little interest in the Coastal Road project, with the Brihanmumbai Municipal Corporation (BMC) receiving only one bid for its development.
Thackeray suggests that the government should reconsider its decision and prioritize the development of public infrastructure that benefits the majority of the population, rather than a select few developers.
The key stakeholders in the debate over the Coastal Road project include the Maharashtra government, the Brihanmumbai Municipal Corporation, real estate developers, environmentalists, and the residents of Mumbai.
The initiative is expected to create millions of high-end jobs across various sectors, bolstering Maharashtra's economy by promoting real estate, manufacturing, and services.
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