Newsletter
GPT Infraprojects JV has won a ₹1,804.5 crore contract to build key flyovers from the Municipal Corporation of Greater Mumbai. The stock surged 1% on the back of this news.
The Kolkata-based infrastructure firm focuses on major infrastructure projects like railway bridges, roads, and manufacturing concrete sleepers for railways, with operations in India and internationally.
What’s brewing: under the order, the company will help build a new flyover on LBS Marg, linking Kurla to Ghatkopar in Mumbai’s eastern suburbs. The 36-month project (excluding monsoon breaks) is a joint venture, where GPT holds a 26% share worth ₹469.16 crore.
The work includes two bridges, each about 10 metres wide and 61 metres long, designed to handle heavy traffic such as buses and trucks.
The significance: for Mumbai commuters, this flyover means shorter travel times and fewer traffic snarls on the busy Kurla–Ghatkopar stretch, one of the most congested parts of the eastern suburbs.
In practical terms, it should lead to smoother bus movement, safer crossings and less spillover congestion on nearby internal roads.
