The Brihanmumbai Municipal Corporation (BMC) has approved a contract worth Rs 18,000 crores for the Versova Dahisar Coastal Road project, a key component of the Mumbai Coastal Road Project. The construction is expected to be completed within the next four years, by 2027, with the total cost reaching Rs 24,000 crores, inclusive of the Goods and Service Tax.

BMC has selected six companies to handle different sections of the 18.47 km long road. The project is part of the larger initiative to create a high-speed corridor from South Mumbai to Palghar through Thane district. The state government has already progressed with the Nariman Point to Worli and Bandra to Worli projects. Following these, the BMC has taken up the Versova to Dahisar connector.