Overview
- An official government resolution approves the DPR and implementation plan with a targeted 60‑month construction window.
- Phase I covers 55.12 km, comprising a 24.35‑km sea link and 30.77 km of connectors at Uttan, Vasai and Virar.
- The state commits Rs 11,116.27 crore in non‑interest support covering taxes, Rs 2,619 crore for land acquisition, and Rs 261 crore for rehabilitation, with the remainder to come from MMRDA funds and external borrowings.
- The project is classified as an “ambitious urban transport” and “public utility” scheme, directing plan updates, free transfer of required government land to MMRDA, and acquisition of private land through statutes or development rights.
- MMRDA is authorised to levy tolls and raise commercial revenues for long‑term viability, and the state will seek Union clearance to tap foreign loans, with JICA under consideration as a lender.