About 71 per cent of construction work has been completed on the Mumbai Coastal Road Project. Moreover, about 91 per cent of the underground boring work, 93 per cent of the reclamation, 79 per cent of the retaining wall, 36 per cent of the interchanges and 32 per cent of bridges have been completed. The project involves the construction of a 10.58 km long eight-lane coastal road, which will run parallel to the existing stretch going from Nariman Point to Kandivali in Maharashtra, at a cost of Rs 129.5 billion. It will start from Manora Guest House opposite Mantralaya and progress through a tunnel between the National Centre for Performing Arts and the Air India building. It also involves the construction of 2.07 km long twin tunnels. MCGM is implementing the project on an engineering, procurement and construction (EPC) basis in four packages, from Priyadarshini Park-Baroda Palace to Princess Street Flyover.