Ghodbunder Road Gets ₹17,036 Cr Upgrade: Gaimukh–Bhayandar Tunnel & Elevated Road

Published: July 01, 2026 | Category: Thane Real Estate News

A ₹17,036 crore investment turns Ghodbunder Road into a faster corridor, cutting travel times and boosting connectivity between Mumbai, Maharashtra and Thane.

Key points at a glance

•₹17,036 crore invested in Gaimukh‑Bhayandar tunnel & elevated road (Ghodbunder Rd).
•Tunnel spans 3.7 km, cutting travel between Gaimukh and Bhayandar by 30 min.
•Elevated road will ease traffic on Ghodbunder Rd, linking MMR‑Thane corridor.
•Project expected to be operational by 2029, improving logistics for real‑estate projects.
•Local developers anticipate higher property values along the upgraded corridor.
•Construction to create 3,000 jobs in the region.

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Project Scope

₹17,036 crore. Tunnel 3.7 km + elevated road 5 km. Expected completion: 2029.

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Where it matters

Ghodbunder Road, Suburban Mumbai. Connects MMR, Panvel, Thane.

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Regulatory

Approved by Maharashtra Transport Dept. Under RERA guidelines for infrastructure.

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What actually happened? What it means for buyers What to watch next

What actually happened?

The Maharashtra government sanctioned a ₹17,036 crore project to construct a tunnel between Gaimukh and Fountain Hotel, followed by an elevated road connecting Fountain Hotel to Bhayandar.

The tunnel will be 3.7 km long, while the elevated road will span roughly 5 km.

Construction began in early 2024, with key milestones set for 2027 (tunnel completion) and 2029 (road finish).

What it means for buyers

For property buyers in the Ghodbunder corridor, the upgrade will cut commute times, raise demand for residential and commercial plots, and boost land values.

The improved infrastructure will also attract logistics and retail projects, creating more employment opportunities.