There is some good news for Mumbaikars as Chief Minister of Maharashtra and Chairman of Mumbai Metropolitan Region Development Authority(MMRDA) Devendra Fadnavis during the authority meeting on Monday approved Rs.3.5K crore for Multi-Modal Integration project that will help commuters enjoy the smooth commuting experience. Port Rail and Ropeway Corporation Ltd. (IPRCL) was appointed to prepare a Detailed Project Report (DPR) to understand if Ropeway projects could be implemented from Malad to Marve and Gorai to Borivli - both 4.5km projects.

According to MMRDA, four crucial decisions were taken during this important meeting that may establish a trend of the new era. Plot "C-65" in 'G' Block in BKC was leased to a Japanese company M/s. Goisu Reality Pvt.Ltd. for 80 years against an amount of Rs.2,238 crore. The buildable area for the company is 65,000 square meter on the 12,486 square meter plot.