News Brief
Reliance To Develop 70-Hectare Mumbai Coastal Road Gardens In Rs 400 Crore Project
Mumbai Coastal Road
Reliance Infrastructure Limited (RIL) will develop 70 hectares of open space along the Mumbai Coastal Road at an estimated cost of Rs 400 crore, Nita Ambani, founder and chairperson of Reliance Foundation, announced on Friday (29 August), The Indian Express reported.
The project comes eight months after the Brihanmumbai Municipal Corporation (BMC) invited expressions of interest from private agencies and voluntary organisations to take up the development work.
Speaking at RIL’s Annual General Meeting, Nita Ambani said the Coastal Road Gardens and adjoining promenade, spread over 130 acres, will feature walkways, cycling tracks, plazas, and landscaped greenery.
She called it a “green lung for generations to come” and said the project will reconnect people with nature.
“We will nurture this space as a living, breathing, and health-promoting gift to Mumbai” she added.
Out of 111 hectares reclaimed for the Coastal Road, the BMC had allocated 70 hectares for open landscapes with gardens, cycling tracks, and amphitheatres.
The 7.5-km coastal promenade was inaugurated on 15 August by Chief Minister Devendra Fadnavis, while Tata Sons is beautifying the road medians spanning five hectares.
The remaining 53 hectares of open space, located on the landward side between Breach Candy and Worli, was offered to private entities through the EoI.
Bids were submitted by companies including Jindal, Raymond, RPG Foundation, Vedanta, and Reliance.
