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CIDCO to contribute in the extension of Palm Beach road providing a boon for commuters

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By Staff Reporter

Navi Mumbai Municipal Corporation will undertake the extension of Palm Beach road from Ghansoli to Airoli with CIDCO’s assistance as well as CIDCO has decided to contribute for the project. NMMC and CIDCO will jointly bear the cost of the project and CIDCO share will be 50% of the Cost up to a maximum of Rs. 125 crores. This initiative has been taken by CIDCO as per the directives from the Hon’ble Chief Minister Shri. Uddhav Thackeray and Hon’ble Urban Development Minister Shri. Eknath Shinde.

“The proposed Extension of Palm Beach road from Ghansoli to Airoli is a boon for reducing traffic congestion and reliable travelling for commuters from CBD Belapur to Mumbai or Thane. Thus, with an aim to stimulate this project CIDCO has decided to assist NMMC by contributing partly the cost of the project.”

Dr. Sanjay Mukherjee,

VC&MD, CIDCO

CIDCO has planned Palm Beach Marg of 21.12 km length from CBD Belapur to Mulund-Thane-Mumbai via Airoli. The road consisted many minor and major bridges and was commissioned in the year 2004. This road has provided alternate routes for vehicles from CBD Belapur to Mumbai or Thane apart from existing Sion-Panvel highway and Thane-Belapur road. CIDCO had completed Palm beach road of length 19.20 km and commissioned the same from CBD Belapur to Vashi completely and Vashi to Ghansoli partly. The completed part of Palm Beach road was handed over to Navi Mumbai Municipal Corporation and is now maintained by NMMC. Currently, the work of stretch between Vashi and Airoli of length 1.94 km is yet to be completed and hence there is no direct access to Airoli-Mulund bridge.

The proposed extension of Palm Beach road from Airoli to Ghansoli is also part of the proposed Regional Connectivity to Navi Mumbai International Airport. Moreover, this connectivity is the part of the Coastal road from Thane to Sanpada as per the Updation of Comprehensive Transport Study for Mumbai Metropolitan Region.

NMMC had requested CIDCO to bear some part of the cost of Palm Beach extension project. Accordingly, CIDCO has approved to bear the cost as per 50:50 ratio. The cost of the project is estimated at Rs. 250 crores and CIDCO will contribute up to Rs. 125 crores.

The work of stretch measuring 1.94 km will be done by constructing roads and bridges. The Palm Beach road extension will improve the connectivity of Ghansoli and Airoli node. CIDCO will contribute Rs. 125 crores for the extension of Palm Beach road and no additional amount will be given by CIDCO even if the cost of project increases. NMMC will be responsible for the preparation of thorough project report and obtaining necessary permissions. CIDCO will transfer the amount to Navi Mumbai Municipal Corporation only after the completion of Palm Beach Road extension project

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