The multimodal Alibaug Virar corridor will begin construction in 2023

The 701-km Mumbai-Nagpur Samruddhi Mahamarg Phase 1 was officially opened on December 11, and the Maharashtra government has since increased its support for the much-delayed Alibaug-Virar Multi-Modal Corridor.

The Asian Development Bank is one of the creditors being discussed by the project’s implementing authority, the Maharashtra State Road Development Corporation, according to a reliable business source. The Housing and Urban Development Corporation and other creditors’ loan requests received in-principle clearance from the royal Cabinet last month. The MSRDC wants to get money, challenge bids, give orders for paintings, and begin floor painting the next year.

A high-speed, limited-access highway called the Multi-Modal Hall runs from Virar in the Palghar district to Alibaug in the Raigad district. The 127 km long route will pass across the Mumbai Metropolitan Region’s three neighboring districts of Raigad, Thane, and Palghar. To relieve the burden of Mumbai city, projected growth centers including Virar, Bhiwandi, Kalyan, Dombivali, Panvel, Taloja, and Uran were built with improved connectivity in mind. These centers are located inside the Mumbai Metropolitan Region.

The completely untrained subject street assignment was also planned as a suitable approach to reroute the large volume of cargo that leaves the Jawaharlal Nehru Port Trust and becomes stuck within the inner highways of cities like Thane and Navi Mumbai. The Multi-Modal Hall might also be connected to the main national thoroughfares to ensure better connection for product float to various regions of the nation.

From Alibaug to Virar, the 127-km Multi-Modal Corridor would connect National Highway (NH)-8, the Bhiwandi Bypass, NH-3, NH-4, and NH-4B, the Mumbai-Pune Expressway, and NH-17. Alignment-1 consists of a 98 km section of the hall that runs from Navghar to Balavali, while Alignment-2, which connects Balavali to Alibaug, is 29 km long.

The Multi-Modal Corridor was first conceived ten years ago and granted permission in 2012, but no work has ever begun on the ground. Due to the delay, price projections have increased 4 times over those for 2012 as a result. The Multi-Modal Corridor is currently expected to cost Rs 55,564 crore (as opposed to the Rs 12,554 crore predicted in 2012), making it almost as expensive as the Samruddhi Mahamarg.

According to the MSRDC, the cost of the assignment has increased as a result of the rising cost of land in the Mumbai Metropolitan Region. Almost Rs 21,000 crore, up from just Rs 2,215 crore in 2012, might be used to acquire 1,347.22 hectares of property that is typically owned by private parties inside the three districts of Palghar, Thane, and Raigad.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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