The proposed construction of Mumbai Trans Harbour Link (MTHL) also known as the Sewri-Nhava Sheva Trans Harbour Link will provide for lucrative real estate development as developers are increasingly taking note of newer areas and land parcels that can offer better lifestyle and convenience.
Estimated to be at the total cost of Rs 17, 843 Cr., India’s longest bridge at 22 kms, has been sanctioned a loan of Rs. 8600 cr. from the Japan International Cooperation Agency (JICA) as per the agreement signed with MMRDA on March 31st.
As per the Development Plan (DP), the MHTL is expected to change the geographical dynamic of the Mumbai city. The new bridgewill provide a crucial connectivity to the proposed Navi Mumbai airport, access to office market in Navi Mumbai and promote socioeconomic development on the both ends of the link in the MMR.
The planned MHTL is expected to cut commute time and provide for a travel experience between Sewri to Navi Mumbai thus opening corridor for trade and providing connectivity in many locations between South Mumbai and Panvel. The construction of airport paralleled with MHTL and Worli-Sewri link will give Sewri an advantage by putting itself in a central location of Mumbai’s map.[/vc_column_text]
