Mumbai Metropolitan Region Development Fund (MMRD Fund)

MMRDA Fund is created by Mumbai Metropolitan Region Development Authority by leasing of MMRDA’s lands and other internal financial sources. Along with other purposes the said fund is also used to self-fund the projects implemented by the Authority. MMRDA also lends money for infrastructure projects implemented by the Urban Local Bodies and other institutions. It is provided in the form of loan assistance and grant for public infrastructure or other projects.

Details of funding from MMRD Fund provided through Planning Division:

MMRDA has approved Rs.2562.94 crore from MMRD fund till date, as loan or grant for around 50 projects, to 14 ULBs and other agencies. Out of this Rs. 2269.98 crore is disbursed till May, 2023. In the 50 approved projects, funding for 49 projects are closed and for the remaining project Rs. 6.03 crore is balance in the sanctioned amount. List of the mentioned projects is as given below:

Sr. No. Project Agency Type of financing
1 Improvement of JJ Hospital JJ Gr Hosp Grant
2 Civil improvement and equipment JJ Gr Hosp
3 DPR for channelization of Waldhuni KDMC
4 Shahapada (Pen) Water Supply Scheme MJP
5 Construction of staff training centre Ulhasnagar MC
6 ROB at Level Crossing 40 in Virar VVMC
7 Redevelopment of KNP market MCGM
8 Street Lighting BEST Loan
9 Underpass at Kharghar CIDCO
10 ROB at Khandeshwar (Part-I) CIDCO
11 Development of Industrial Park at Kalamboli CIDCO
12 Shopping Complex cum Town Hall KDMC
13 Sports Complex KDMC
14 Multi storied pay & park at Kalyan Stn KDMC
15 Construction of FoB and Rickshaw stand near Dombivali Station KDMC
16 Shopping Complex cum Town Hall (Increased cost) KDMC
17 Improving Capacity of Pumping station at Kalyan KDMC
18 Augmentation of Mandwa-Titwala W/S Scheme KDMC
19 Underground sewerage KDMC
20 Storm Water Drainage KDMC
21 150 MLD water supply scheme KDMC
22 Augmentation of existing water supply KDMC
23 Concretisation of roads KDMC
24 Underground Sewerage system KDMC
25 Water Supply Project Under MSJNM (Phase-1) MBMC
26 Surya Water Supply Scheme MJP
27 Worli-Bandra Sealink MSRDC
28 Mumbai-III water supply scheme MCGM
29 Mumbai-III A water supply scheme MCGM
30 Extension of Nair Hospital MCGM
31 Augmentation of Water Sullpy system NMMC
32 Augmentation of Sewerage System NMMC
33 Water Supply NMMC
34 Transportation NMMC
35 General Hospital Works NMMC
36 Improvement of Village tanks NMMC
37 Construction of Building PL Desh Acad.
38 Construction of Kalwa Bridge TMC
39 100 mld Water Supply Scheme (Part-I) TMC
40 Construction of Vegetable market TMC
41 100 mld Water Supply Scheme (Part-II) TMC
42 Additional 110 MLD Water supply scheme TMC
43 Integrated Nalla Development Phase II TMC
44 Integrated Nalla Development Phase I TMC
45 Underground Sewerage Scheme Phase-1 TMC
46 Underground Sewerage Scheme Phase-II TMC
47 Underground Sewerage Scheme Phase III TMC
48 Integrated Nalla Development Phase-III TMC
49 Concretisation of 3 roads outside JNNURM TMC
50 Surya Water Supply Scheme VVMC

Other than the above mentioned projects, under Special Projects, grant amounting to Rs. 41.64 crore is sanctioned from MMRD fund for 4 projects. Out of this, Rs. 23.8 crore is released till May, 2023. Following is the list of the mentioned projects:

Sr. No. Project Agency
1 Digitization of Natural History Collections at Bombay Natural History Society Bombay Natural History Society
2 Electrification of Gharapuri (Elephanta) Island MSEDCL
3 Funding to Mumbai Transformation support Unit MTSU
4 Mini-Train Shuttle Service at Matheran Hill Station Central Railway

Apart from the above, since 1999 the Authority has been giving grants for the Village Development Scheme and the Tribal Development Scheme to the Zilla Parishads inside the Mumbai Metropolitan Region for the purpose of improving the living conditions and environment of the villages in the Metropolitan Region. Since 2004, for this purpose, Integrated Village Development Scheme (IVDS) is implemented.

Under IVDS scheme grant of ₹25.00 lakh each was approved for a total of 109 eligible villages. The said scheme terminated in March, 2017 and no new works have been sanctioned under the said scheme after March, 2017. Till the end of March, 2017, 221 works worth ₹26.19 crore in 106 villages had been sanctioned. Grant of ₹22.72 crore is disbursed for the sanctioned works till May, 2023. Details of the grant is as given below:

Taluka No. of eligible villages No. of villages from which proposal is received Total no. of Proposals received Total no. of Proposals approved Projects Completed
Ambernath 10 10 10 33 33
Bhivandi 10 10 39 39 22
Kalyan 19 19 39 38 33
Vasai 10 10 21 21 19
Alibag 10 10 19 19 12
Karjat 10 8 12 8 6
Khalapur 10 9 10 9 9
Panvel 10 10 18 18 15
Pen 10 10 17 17 17
Uran 10 10 19 19 17
Grand Total 109 106 227 221 183