Though the BMC’s estimated cost for the reconstruction of Bandra skywalk was R83 crore—excluding 18 per cent GST and four times higher than the earlier contract cost—it has received proposals that are 18.5 per cent less. The bridges department has sent the proposal for approval to the administrator after which the work order will be given for Rs 106 crore including all taxes and surcharges. 

According to the BMC, the new bridge will be built within 15 months.