Uttan-Virar Sea Link Phase 1 approved, set to transform connectivity in North Mumbai region
The project, which is said to be 'a game-changer for connectivity and economic development in the northern suburbs', was cleared at the 159th Authority Meeting of the Mumbai Metropolitan Region Development Authority (MMRDA), chaired by Deputy Chief Minister and authority chairman Eknath Shinde, last month. The approval was announced on Friday.
Spearheaded by the MMRDA, the UVSL project envisages a high-speed, eight-lane, north-south corridor along the coast that will create direct connectivity between the northern suburbs of Mumbai and key expressways. It is also expected to help manage pressure on arterial roads like Western Express Highway, S V Road and Link Road. It will also act as an arterial link to the Delhi -Mumbai Expressway, enabling seamless intercity traffic and boosting regional integration.
The UVSL, initially planned as the Versova-Virar Sea Link by the Maharashtra State Roads Development Corporation (MSRDC), was handed over to MMRDA in 2022. Later, it was restructured into two phases – Phase 1 from Uttan to Virar, now ready to be launched, and Phase 2 from Virar to Palghar, under feasibility study.
According to MMRDA officials, the segment from Versova to Uttan was reconsidered to prevent duplication with BMC's North Coastal Road Project.
The UVSL Phase 1 will stretch for 55.12 km, including the sea link and its three approach roads. (Express Photo)
Besides the better traffic flow, UVSL will also be an important economic activity driver that connects residential, commercial and industrial clusters more efficiently. It is expected to spur the development of new industrial and real estate hubs, attract private investment and generate employment both during its construction and when in operation.
Shinde called the sea link transformational, and said, 'With this connectivity, we are joining the important districts of MMR — Mumbai, Thane, and Palghar like never before. This project will not only ease the traffic but also enhance economic prospects and bring the region together, really realising our vision of 'One MMR, One Growth Story'.'
Emergency responders, like ambulances and disaster response teams, will also benefit from faster access along the upgraded corridor, enhancing public safety outcomes.
The UVSL Phase 1 will stretch for 55.12 km, including the sea link and its three approach roads. The main sea link between Uttan and Virar will stretch for 24.35 km, and the connecting roads of Uttan (9.32 km), Vasai (2.5 km), and Virar (18.95 km) will bring neighbouring localities into the corridor.
The new layout includes several infrastructure enhancements like re-aligned ramps, tunnelling, and OSD conversion spans – technologies used in other marquee ventures like Mumbai Trans Harbour Link and Atal Setu. These design elements will improve seismic strength and long-term durability.
The total cost of the project is estimated to be around Rs 87,427 crore. It will be financed through a hybrid model where 72 per cent of the funds will be provided by the Japan International Cooperation Agency (JICA) and the remaining 28 per cent by the Maharashtra government and MMRDA.
'By the UVSL, we not only bridge gaps but also change lives. The vital corridor will connect Virar to Mumbai within minutes, allowing for smoother day-to-day commutes, faster access to workplaces, and punctual travel even during medical emergencies,' MMRDA Commissioner Sanjay Mukherjee said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
8 hours ago
- Time of India
Mumbai's Dharavi Redevelopment Project: Use Dharavi land 50-50 for rehabilitation units and for-sale buildings, directs Maharashtra chief minister Fadnavis
Mumbai: Chief minister Devendra Fadnavis has directed Dharavi Redevelopment Project (DRP) to increase the size of rental tenements to 350 sqft for those ineligible for free housing and rehabilitation within Dharavi notified area, and from 405 sq ft to 500 sq ft for residents of planned buildings, details of a May 28 meeting obtained through an RTI application revealed. He also directed DRP to ensure that the land in Dharavi be equally divided between the rehabilitation section and the for-sale component. The CM further said that the survey of all slums across Mumbai follow the twin digital model adopted in Dharavi. On May 28, Fadnavis, along with deputy CM Eknath Shinde who handles the housing portfolio, were given a presentation on the Dharavi redevelopment master plan. Fadnavis suggested several changes to it, as per information obtained under the Right to Information (RTI) Act by Shiv Sena (UBT) worker Sagar Devre, who has been leading the opposition to the relocation of Dharavi residents in Mulund East. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai As per the information obtained under RTI, the master plan for the Dharavi notified area is based on the Development Plan 2016 for Dharavi. "As per instructions issued by the CM at the May 28 meeting, the special purpose vehicle (SPV) has been directed to carry out changes to the master plan. It is yet to be received from the SPV," stated the RTI response. A spokesperson for the SPV, Navbharat Mega Developer Pvt Ltd, said, "We have not received any communication from the govt or the DRP on these matters so far." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo State govt has already earmarked 256 acres of salt pan land at Mulund, Bhandup and Kanjurmarg, and nearly 21.3 acres of Kurla Dairy land for building rental housing. Besides, 215 acres of the Deonar dumping ground and 140 acres of revenue land at Aksai, Madh in Malad West, will also be provided for rental housing. There will be no rental housing in the Dharavi notified area. All those settled in Dharavi post-2011 and up to Nov 15, 2022, are eligible for rental housing. Navbharat Mega Developer has announced 300 sq ft homes for rental housing. Govt will decide on the rent and after 10 years, the tenant can own the unit. Govt is also considering providing the option of upfront ownership if the tenant is willing to make a one-time payment of rent for 10 years. Residents of planned buildings had recently met Shinde and demanded 500 sq ft homes instead of 405 sq ft. "It was former Shiv Sena MP Rahul Shewale who arranged this meeting for us three months ago. Shinde had assured us we would be provided 500 sq ft homes," said a resident. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
17 hours ago
- Time of India
Metro trial run in Thane likely in September and operations by December: Shinde
Maharashtra Deputy Chief Minister Eknath Shinde on Sunday said efforts were underway to conduct the trial run of the much-awaited Metro service in Thane next month, and its full-fledged operations are likely to begin by December this year. Once the project is completed, the Mumbai Metropolitan Region (MMR) would enjoy seamless Metro connectivity, with last-mile and end-to-end commute solutions, Shinde told reporters after inaugurating the Thane Varsha Marathon. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "Efforts are on to conduct the trial run of the Metro in Thane in September. After that, we are working on launching the actual services by December. The work is progressing on a war-footing," he said. He also said the preliminary work on Thane's internal Metro network has begun. "This will be linked to the main Metro lines to provide integrated transport facilities," he added. Referring to broader infrastructure plans, the deputy CM said the freeway extension from Mumbai to Thane would ease traffic congestion and divert services to the Jawaharlal Nehru Port Trust (JNPT) away from the city. Live Events Mandate has been given to the collector, municipal chief and police commissioner to make Thane traffic congestion-free, he said. "They are working towards it, and soon Thane city will be free from traffic jams," Shinde asserted. Highlighting the recent development works in Thane, Shinde mentioned the rejuvenation of Jogila Lake, which had been encroached upon by nearly 250 huts. "We have relocated the people who encroached the area and freed the lake. This is perhaps the first such project in the country where a lake has been completely restored and encroachments removed," he said. He also praised the patriotism of wrestler-turned-politician and Shiv Sena leader Chandrahar Patil as well as his team from Kolhapur, who have gone to the border areas of Jammu and Kashmir to donate blood for soldiers. "Their effort reflects true love for the nation," he remarked On the Thane Varsha Marathon, organised by the Thane Municipal Corporation in collaboration with several sports organisations after a long gap, Shinde said more than 25,000 participants joined the run, underscoring the city's enthusiasm for community events. Dharmendra of Pune ASI won the men's segment completing the 21-kilometre run in 01:07:41, while Ravina Gaikwad of Nashik triumphed in the women's section covering the same distance in 01:25:46. Both received Rs 1 lakh along with mementos, medals, and certificates. The event, with the slogan 'Marathon Thanechi, Urja Tarunaichi', returned after a five-year break due to the COVID-19 pandemic. The marathon was spread across 12 categories, including a 'Corporate Run' for municipal officers, employees, public representatives, and journalists; special races for senior citizens above 60; and a spirited participation by the Divyang Tridal group. The total prize pool was Rs 10,38,900 was awarded.
Economic Times
19 hours ago
- Economic Times
Suzlon Energy shares rise 19% in 3 months. Can the stock rally past Rs 86?
Live Events Key levels in focus as stock consolidates Momentum indicators and volumes reflect fatigue Earnings and order wins offer support (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Suzlon Energy have climbed nearly 19% over the past three months, buoyed by steady order wins and improving financials. However, a recent reversal, down 4.7% in the past month and 4% in the last week, has raised questions about whether the stock's momentum is stalling or merely taking a short-term pressure, analysts say the broader technical structure remains intact, with some projecting upside targets as high as Rs 86.50.'The current price action reflects consolidation within a bullish medium-term setup, akin to a saucer or rounded bottom formation, supported near Rs 61-62,' said Drumil Vithlani, Technical Research Analyst at Bonanza.'This phase appears healthy overall, not a breakdown, but a base-building period before a potential leg up.' He added that Rs 68-70 serves as a key hurdle, and sustained closes above this zone could open targets toward Rs Shinde, Technical & Derivative Analyst at Choice Broking, also sees strength in the chart. 'The current price action appears to be a healthy consolidation rather than a bearish setup for the long term,' Shinde noted, highlighting a potential Cup and Handle formation on the weekly chart. She said a decisive breakout above Rs 68.30 could push the stock toward Rs 73.50, possibly extending to Rs 86.50 in the medium added that near-term support levels to watch are Rs 62.09 and Rs 59.80, the latter aligning closely with the 50-week EMA. 'Unless the price breaks below Rs 59.80 with strong volume, the structure remains constructive for long-term investors.'Harshal Dasani, Business Head at INVasset PMS, observed that while Suzlon has lost some ground recently, it still holds its long-term trend. 'After gaining over 17.5% in the past three months, Suzlon Energy has lost steam recently, sliding about 8% in the last 30 days and flattening out year-to-date. Yet, despite the slowdown, the broader technical structure does not indicate a breakdown,' he pointed out that the stock is still trading above its 100-day (Rs 61.7), 150-day (Rs 58.3), and 200-day (Rs 53.1) simple moving averages, indicating that the long-term trend remains intact, even as short-term moving averages (5D to 50D) have turned negative. 'Support lies at Rs 60.5–Rs 58.3, with Rs 53 acting as a strong base if a deeper pullback unfolds. On the upside, Rs 66.5–Rs 67.5 is an immediate hurdle, and any move past Rs 68.5 may reopen the path toward the recent swing high of Rs 71.8–Rs 72.5.'Vithlani also flagged Rs 60 as critical. 'A daily close below Rs 60 could invalidate the constructive bias and steer momentum toward bearish territory,' he the Relative Strength Index (RSI) stands at 48.4, indicating neutral momentum, while the MACD at -0.2 remains below both the center and signal lines.'Volume patterns suggest weakening tailwinds recently, aligning with broader fatigue after a massive multi-year rally,' said added, 'Suzlon has been trading on below-average volumes, with delivery volumes well under the 20-day average in most recent sessions.' However, he noted, 'There have been no spikes in red candle volumes, which typically mark distribution.' According to him, the Rs 53–Rs 55 zone, which saw over 100 million shares traded during the March–April breakout, continues to act as a long-term support base. 'Unless there's a volume-led breach below Rs 58, the tone stays neutral-to-cautiously positive.'Shinde noted a similar trend. 'Volume during this consolidation phase has been relatively subdued, which is typical in a sideways market. However, any spike in volume near support zones could signal accumulation and a possible reversal. Likewise, a breakout above Rs 68.30 with strong volume confirmation would reinforce bullish sentiment and validate continuation of the uptrend.'Suzlon's Q4FY25 earnings provided fundamental backing to its technical setup. The company reported a net profit of Rs 1,182 crore, up 377% year-on-year, while revenue rose 73% to Rs 2,207 crore. Margins expanded to 20.9%, supported by stronger execution and reduced debt. Net debt now stands at Rs 1,438 crore.'Even with these positives, the stock trades at a P/E of 36–38x, leaving little room for error,' Dasani cautioned. 'The current order book of 5.5 GW, including new platform orders, offers visibility, but the market has priced in much of the turnaround.' He added that while return ratios have improved (ROCE ~22%), 'sustainability of this performance in a rising interest rate environment and execution-heavy sector remains to be seen.'Suzlon continues to add to its order book. In August, it secured a 381 MW wind project from Zelestra spanning Maharashtra, Karnataka, and Rajasthan—one of the largest this year. This followed a 170.1 MW order from AMPIN Energy in June.'India's updated wind energy norms, mandating local sourcing and data localisation, could benefit Suzlon's domestic footprint over time,' Dasani said. 'That said, investors should monitor whether these project wins translate into timely execution and margin stability, especially given volatility in global component costs and logistics.'For now, the stock trades within a Rs 58–Rs 72 band. Unless either side is breached decisively, analysts expect it to continue consolidating, with a tilt toward the read | Nifty logs longest weekly losing run since 2020 crash. Here's how
