Mumbai Coastal Road Project: Route map, cost, real estate impact

Mumbai-Coastal-Road-Project-Route-map_-cost_-real-estate-impact_1716978266

The Mumbai Coastal Road Project, officially named the Dharmveer Swarajya Rakshak Chhatrapati Sambhaji Maharaj Coastal Road, is a 29-km, eight-lane expressway connecting South Mumbai to the western suburbs. Executed by the Brihanmumbai Municipal Corporation (BMC), the project is estimated to cost Rs 13,060 crore.

Mumbai Coastal Road Project Key facts

Mumbai Coastal Road Project: Inauguration date

On March 11, 2024, Maharashtra Chief Minister Eknath Shinde, along with Deputy Chief Minister Devendra Fadnavis and Ajit Pawar, partially inaugurated Phase-1 of the Mumbai Coastal Road Project. The south-bound arm, covering 9.5 km of the 10.58 km corridor, was opened to the public on March 12. The remaining portion of Phase-1 is scheduled to become operational by June 10, 2024.

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Mumbai Coastal Road map

Stretching from Marine Lines in South Mumbai to Kandivali in the Western suburbs, the Mumbai Coastal Road Project will feature two underground tunnels at Malabar Hill and Girgaum Chowpatty. Additionally, the project will incorporate green spaces, a sea wall, and multiple interchanges for improved connectivity.

Mumbai Coastal Road map

Mumbai Coastal Road Project: Benefits
  • Reduced Travel Time: The primary benefit of the Mumbai Coastal Road Project is the significant reduction in travel time. This faster and more direct route will cut travel time between South Mumbai and the Western Suburbs by approximately 70%.
  • With the completion of this project, the travel time between the two areas will decrease from 2 hours to just 40 minutes. For instance, the journey from Worli to Marine Drive, currently taking 40 minutes, will be shortened to only 10 minutes once Phase-1 of the Mumbai Coastal Road Project is operational.
  • Improved Quality of Life: The project will offer an easier commute and reduced travel time, enhancing the overall quality of life for residents. 
  • Economic Boost: Enhanced connectivity fosters increased business activities, generating more job opportunities and driving economic growth.
  • Mumbai Tourism: The Mumbai Coastal Road Project, running along the Arabian Sea and connecting to key tourist destinations, is expected to boost tourism in both South Mumbai and the Western Suburbs.
Mumbai Coastal Road Project: Toll

Maharashtra Chief Minister Eknath Shinde has announced that Phase-1 of the Mumbai Coastal Road Project, spanning from Marine Drive to Worli, will be toll-free.

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Mumbai Coastal Road phase 1

mumbai coastal road phase 1 map

Phase 1 of the Mumbai Coastal Road Project, currently under construction, covers a 10.58-kilometer stretch. It begins at the Princess Street flyover and extends to the Worli end of the Bandra-Worli Sea Link.

Mumbai-Coastal-Road-Route-Map

Mumbai Coastal Road: Entry and exit

There will be three entries and two exits to the Mumbai Coastal Road.

Entry point
  • Bindu Madhav Thackeray Junction
  • Rajani Patel Junction
  • Amarsons Garden
Exit point
  • Amarsons Garden
  • Marine Drive (Princess Street Bridge)
Timings of Mumbai Coastal Road
  • You can enter from Bindu Madhav Thackeray Junction anytime between 8 AM and 5 PM, every day.
  • Entry from Rajani Patel Junction with exit at Marine Drive (Princess Street) is permitted between 7 AM and 11 PM daily.
  • Similarly, entry from Amarsons Garden Entry to exit at Marine Drive (Princess Street) is allowed from 7 AM to 11 PM, every day.

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Speed on Mumbai Coastal Road
  • On the straight Mumbai Coastal Road: 80 km/ hr
  • In the tunnel: 60 km/hr
  • At turning point: 40 km/hr
Vehicles allowed on Mumbai Coastal Road

The Mumbai Coastal Road only permits cars and buses. Two-wheelers, three-wheelers, and heavy vehicles are prohibited from accessing the road.

Mumbai Coastal Road phase 2
  • The Mumbai Coastal Road Phase 2 will be around 20 km. It will start from the Bandra end of the Bandra-Worli Sea Link and will end at Kandivali.
  • Phase 2 of the coastal road project will consist of the Versova-Bandra Sea Link, spanning 17.17 kilometers, with 9.6 kilometers of it being over the sea. It will include connectors at Bandra (1.17 km), Carter Road (1.8 km), and Juhu Koliwada (2.8 km). The Versova-Bandra Sea Link will feature eight lanes and aims to alleviate traffic congestion on the Western Suburbs and the Western Express Highway. The estimated cost for the Versova-Bandra Sea Link project alone is Rs 11,333 crore.
Mumbai Coastal Road Project: Package construction status

L&T is handling packages 1 and 4, while HCC-Hyundai Development Corporation JV is managing package 2.

Package 1: from Priyadarshani Park to Baroda Palace (3.82 km), is at 83.82% completion as of December 2023.

Package 2: spans from Baroda Palace to the Worli end of the Bandra-Worli Sea Link (2.23 km) and is 69.46% complete as of December 2023.

Package 4: stretching from the Princess Street Flyover to Priyadarshani Park (3.93 km), is at 90.77% completion as of December 2023.

Mumbai Coastal Road Project: Status 

May 29, 2024

Maharashtra CM announced that the entire phase 1 will be operational from June 10, 2024.

April 2024

On April 26, 2024, a massive 25,000-ton girder connecting the south-bound corridor of the Mumbai Coastal Road to the Bandra-Worli Sea Link was successfully installed. According to a statement from the BMC, the process to launch the 136-meter bow-string-arch-type girder at Worli commenced at 2 AM and concluded at 3:25 AM. This marks the first such installation over the sea in India. The 18 x 21 meter wide girder will link the 10.5-kilometer stretch of the Mumbai Coastal Road to the Bandra-Worli Sea Link.

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March 2024

On March 11, 2024, Maharashtra Chief Minister Eknath Shinde partially inaugurated Phase 1 of the Mumbai Coastal Road Project. This phase includes the south-bound arm, spanning over 9.5 kilometers of the total 10.58-kilometer corridor. The coastal road became accessible to the public from March 12 onwards.

February 2024

Chahal on February 2, 2024 mentioned to media persons that around 84% of the work of the Mumbai Coastal Road Project is completed.

December 2023

According to the BMC's status report dated December 14, 2023, the Mumbai Coastal Road Project is 82.51% complete. The BMC shared a drone-shot video on its social media page to showcase the current progress of the project.

 
 
 
 
 
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Mumbai Coastal Road Project: BMC Budget 2024-25

In the BMC Budget for 2024-25, presented on February 2, 2024, approximately Rs 2,800 crore has been earmarked for the Marine Drive to Worli stretch of the coastal road.

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Mumbai Coastal Road Project: History

Proposed as a cost-effective alternative to expensive sea links, the idea for the Mumbai Coastal Road Project was initially introduced in 2012. However, due to various issues, the project encountered delays and remained stagnant for several years.

Finally, in 2018, the Mumbai Coastal Road Project received approval, marking a significant milestone in its development.

Mumbai Coastal Road Project: Impact on real estate

The completion of the Mumbai Coastal Road Project is expected to have a significant positive impact on the areas it traverses. With improved connectivity and reduced traffic congestion, traveling to South Mumbai will become more convenient, likely leading to increased preference for micro-market areas in Mumbai's real estate sector, such as Kandivali, Dahisar, Mira Road, Goregaon, Jogeshwari, and Bhayandar. Since the announcement and commencement of the project, real estate prices in these areas have experienced a market escalation of approximately 10-15%.

Samantak Das, Chief Economist and Head of Research & REIS, India at JLL, described the coastal road project as a transformative development for both transportation and the city's real estate market. By slashing travel time between Nariman Point and Kandivali from over 2 hours to less than 40 minutes, this ambitious infrastructure initiative is poised to revitalize the city's business hubs, stimulate residential demand in key submarkets, and potentially bridge the residential price gap between different areas.

Phase 1 of the project, spanning a 10.58-km stretch connecting Marine Drive to Worli, is deemed crucial in linking the traditional Central Business District (CBD) submarket with the South Business District (SBD Central) submarkets such as Lower Parel and Worli. Over time, the CBD lost its appeal due to a lack of quality supply and connectivity challenges, prompting business activity to shift towards the North. However, recent trends indicate a reversal, with front-office market activity gradually gravitating towards South Central Mumbai. The Coastal Road offers an opportunity for investors and landlords to rejuvenate older buildings through retrofitting, restoring their relevance, and attracting businesses once more. With improved road connectivity and the availability of quality supply, the erstwhile CBD stands to regain its status as a prime office hub.

Das also highlighted that Phase 1 of the project has the potential to bolster residential activity in South Central Mumbai, thereby narrowing the price differential observed across the southern and central submarkets.

Aquire Acres.com POV

Mumbai's infrastructure development is soaring, with projects like the Mumbai Coastal Project significantly benefiting the city. Improved connectivity between South Mumbai and the western suburbs, along with reduced travel times, will not only boost the property market in peripheral areas but also drive growth in real estate markets along this corridor. As convenience increases, these areas are poised for further expansion and development.

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Frequently Asked Questions

Ans 1. Mumbai Coastal Road Project: Package construction status Divided into 1, 2 and 4 packages, L&T is the contractor of packages 1 and 4 and HCC-Hyundai Development Corporation JV is the contractor for package 2. Package 1: Priyadarshani Park to Baroda Palace (3.82 km)- 83.82% as on December 2023.

Ans 2. The Mumbai Coastal Road Project was approved in 2018 and still going on and expected to be completed in January 2024. It is projected that 130,000 vehicles would use it every day, expected to reduce travel time from two hours to 40 minutes which takes to drive between South Mumbai and the Western Suburbs.

Ans 3. In 2011, Maharashtra Chief Minister Prithviraj Chavan proposed the Coastal Road as an alternative to the plan for the Western Freeway.

Ans 4. Funds for coastal road came from premium charged for fungible FSI. Mumbai: Money collected from builders in the city funded the coastal road inaugurated by chief minister Eknath Shinde on Monday. In 2011, the coastal road project was conceived during the tenure of municipal commissioner Subodh Kumar.

Ans 5. The high speed corridor stretches for 10.58 km between Marine Drive and the Bandra-Worli Sea Link (BWSL). After Monday's inauguration, a 9.5 km-long stretch would be made operational. The total cost of the project is Rs 13,983 crore.

Ans 6. Challenges and Criticisms. The Coastal Road Project in Mumbai has encountered significant pushback over concerns about its environmental impact. Critics argue that the construction of the road could lead to irreversible damage to marine ecosystems and exacerbate coastal erosion.

Ans 7. Navi Mumbai is a planned township of Mumbai. It was developed in 1972 as a new urban township of Mumbai.