Mumbai: Eastern waterfront to get floating eateries, marinas in expansion plan

Mumbai: The Mumbai Port expansion plans has got a big boost and is expected to get green signal from the central government for its expansion and unlocking of 900 acres of land and development of eastern waterfront.

The Union Shipping ministry headed by Nitin Gadkari will make a comprehensive presentation to Prime Minister Narendra Modi on August 16 to seek his views on the Mumbai Port Trust’s eastern waterfront development and the new land policy. Thereafter, the cabinet will approve the plan which is expected to transform Mumbai’s landscape forever. The new land policy will enable Mumbai Port Trust to use its land even for non-port related activities. Besides, land stuck in encroachments by slums will be redeveloped as well, DNA reported in a special story.

The Union minister of Shipping Nitin Gadkari told DNA, “Plans are ready for a makeover. Mumbai Port Trust will make a presentation to the PM on August 16.” Gadkari has already made it clear that the Trust will not give its land to builders and investors.

The project which is about to be undertaken i.e. the eastern waterfront project, to be developed between Wadala and Ferry Warf in the South Central Mumbai, will develop land double the size of Marine Drive, an open ground which will be five times bigger than the existing Oval Maidan, a structure taller than Dubai’s iconic 163-floor Burj Kalifa, and it will include services like floating restaurants, new marinas, promenades, public parks, cycling tracks, and construction of a cruise terminal.

The ambitious plan also includes, housing for citizens living in the Mumbai Port Trust areas is also being proposed. Nearly 900 of the total 1,800 acre land, which is in Mumbai Port Trust’s possession, will be opened up for the various projects, including the allied port operations, the report further added. The investment during the first phase of this mammoth project is estimated to be at Rs 4,000 to Rs 5,000 crore.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal