Revamped Marina Project to Boost Tourism in Mumbai's Backbay Reclamation Area

MMRDA proposes a dedicated marina for tourism, new legislative buildings, and an access-controlled highway connecting key cities to Mumbai

MmrdaBackbay Reclamation SchemeMarina ProjectMumbaiNavi MumbaiReal Estate MumbaiSep 24, 2024

Revamped Marina Project to Boost Tourism in Mumbai's Backbay Reclamation Area
Real Estate Mumbai:The Mumbai Metropolitan Region Development Authority (MMRDA) has presented a revised draft development plan for the Backbay Reclamation Scheme, with a focus on slum rehabilitation, metro projects, and natural features. The plan includes a marina for tourism, which will feature ports for small boats and yachts to boost tourism in the area.

The revised plan was presented during MMRDA's 158th meeting, chaired by Chief Minister Eknath Shinde on Tuesday. The plan considers ongoing slum rehabilitation and metro projects in the area, as well as natural features such as beaches and mangroves.

The MMRDA has proposed the expansion of the new legislative building and the introduction of link roads, including proposed connectivity between Netaji Subhash Chandra Marg and Jagannath Bhosle Marg. The proposals are expected to bring significant benefits to the region without disrupting the livelihoods or ecology of the area.

An administrative approval has been granted for the preliminary alignment report of an access-controlled highway connecting Kalyan, Dombivli, Ulhasnagar, Ambernath, and Badlapur with Mumbai and Navi Mumbai. The proposed highway is estimated to cost Rs 10,833 crore and will cut travel time between these cities and Mumbai to 60 minutes and Navi Mumbai to 30 minutes.

The project will feature an eight-lane divided carriageway with service lanes, ensuring a design speed of 80 km/hour. Major interchanges are proposed with key roadways, including the Mumbai-Vadodara Expressway (JNPT spur), Katai-Badlapur and the Kalyan Ring Road.

The MMRDA also approved the allotment of a commercial plot at BKC (Bandra Kurla Complex) to construct a new administrative office for the National Payments Corporation of India (NPCI). NPCI, a key player in India's digital payment infrastructure, will benefit from a built-up area potential of 5 lakh sq feet.

The MMRDA also gave administrative approval for the formation of a dedicated 'Project Implementation Unit' and a 'Business Development Cell' to execute the Mumbai Metropolitan Region's economic master plan. Initial budgetary approvals of up to Rs 100 crore have been granted for 2024-25 to kickstart the execution of this master plan.

Information
The Mumbai Metropolitan Region Development Authority (MMRDA) is a state government body responsible for the preparation of regional plans for the Mumbai Metropolitan Region (MMR) and the infrastructure development of the metropolitan region.

The National Payments Corporation of India (NPCI) is a key player in India's digital payment infrastructure, providing a robust payment ecosystem to the country.

Frequently Asked Questions

What is the main focus of the revised draft development plan for the Backbay Reclamation Scheme?

The main focus is on slum rehabilitation, metro projects, and natural features, with a dedicated marina for tourism.

What is the estimated cost of the proposed access-controlled highway?

The estimated cost is Rs 10,833 crore.

What is the expected travel time between the cities and Mumbai after the completion of the highway?

The expected travel time is 60 minutes.

What is the purpose of the 'Project Implementation Unit' and 'Business Development Cell'?

The purpose is to execute the Mumbai Metropolitan Region's economic master plan.

What is the initial budgetary approval granted for the execution of the master plan?

The initial budgetary approval is up to Rs 100 crore for 2024-25.

Related News Articles

Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case
Real Estate

Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case

A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.

August 4, 2024
Read Article
Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali
Real Estate Maharashtra

Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali

According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.

October 30, 2024
Read Article
AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work
Real Estate

AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work

Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.

February 24, 2025
Read Article
ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal
Real Estate Mumbai

ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal

The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.

March 30, 2025
Read Article
Mumbai Sees Record-Breaking Property Registration in March 2025
Real Estate Maharashtra

Mumbai Sees Record-Breaking Property Registration in March 2025

Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.

April 2, 2025
Read Article
Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025
Real Estate

Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025

Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.

April 21, 2025
Read Article