The financial budget of Mumbai Metropolitan Region Development Authority (MMRDA) for the year 2024-25 and the revised budget for the year 2023-24 have acquired the necessary approvals. The authority has allocated whooping Rs 41, 995 crore for several infrastructural projects in the MMR. 

The projects where the funds will be utilised includes the construction of new Metro Lines dedicated to the strategic expansion of the Metro network, Thane-Borivali Twin Tube Tunnel Road, the Underground Tunnel Road from Orange Gate to Marine Drive, Versova – Virar Sea Link, Thane Coastal Road, Growth Centers, Ramabai Ambedkar Nagar Slum Redevelopment and others, the press release from MMRDA said.