MMRDA-World Bank inks sustainable transport & TOD pact

The Mumbai Metropolitan Region Development Authority (MMRDA) and the World Bank have partnered to promote sustainable transportation and transit-oriented development (TOD) in the Mumbai Metropolitan Region (MMR).

TOD is an urban planning approach that encourages the use of public transportation, walking, and cycling as primary modes of transportation. The MMRDA has developed TOD policies and regulations for the MMR's Mass Rapid Transit System (MRTS) which are expected to be approved soon. Once implemented, these regulations will spur redevelopment and greenfield development in the MMR. They will also promote a pedestrian-friendly built environment and generate revenue for the MMRDA to fund large-scale infrastructure projects.

The MMRDA plans to use the influence of various vital transportation infrastructure projects, such as Metro stations, monorail stations, high-speed rail stations, the Mumbai Trans Harbour Link (MTHL), and the development of growth centers, as catalysts for sustainable urban growth. Under the TOD policy, the MMRDA will charge a premium for development near these influence areas.

This partnership will leverage the expertise of the World Bank and the MMRDA's extensive network of Metro lines and over 400 stations to transform the MMR. The partnership will address key challenges facing Mumbai, such as rehabilitation, redevelopment, and the creation of affordable, accessible, and inclusive housing stock with vibrant community spaces around the stations. These efforts will significantly reduce the city's carbon footprint and contribute to achieving sustainable development goals.