It is expected to be completed within 48 months from the date of awarding of the contract. Property price in Worli is currently an average of Rs. 36,400 per sq.ft while it is an average of Rs. 37,300 per sq.ft in Mahalaxmi and Rs. 25,000 per sq.ft in Byculla. With improved connectivity due to the elevated corridor, property prices are expected to go up further
The bridge was initially intended to be built as a connector to the ambitious MTHL project, it will be built as a stand-alone project irrespective of the construction of MTHL, as it will help thousands of motorists every day. Worli, where the bridge starts, is also connected to Bandra and other western suburbs via the Bandra-Worli sea link. MMRDA expects the project to be difficult to execute in logistical terms, since the bridge will pass through developed areas and crosses railway tracks more than once. The connector is expected to benefit approximately 20,000 motorists daily.
For the construction of the 4.5 kms Worli-Sewri elevated corridor five engineering firms have submitted their bids which will enhance connectivity between the eastern and western suburbs in the metropolis.
Which are the five companies who has submitted the bids for Worli-Sewri elevated corridor? When they are planning to start the project and what will the total cost of the project?
Five engineering giants who has submitted bid for the Worli-Sewri elevated corridor are Gammon India, Hindustan Construction Company (HCC), Larsen & Toubro (L&T), NCC Ltd and Simplex Infrastructure.
The bridge construction work is expected begin early next year and completed in 2017. The project is expected to cost approximately Rs. 500 crore. The bridge will be cable-stayed and will have additional ramps on P D’Mello Road.