India, March 30 -- The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated the process of availing loans worth Rs.10,100 crore for two crucial infrastructure projects in the Mumbai Metropolitan Region (MMR), ahead of the commencement of the 2026-27 financial year when it plans to raise the highest ever debt in its history, officials familiar with the matter told Hindustan Times.

The two projects are the Mumbai to Samruddhi Expressway connector and the Shilphata Junction flyover, and the amount being sought on loan comprises 42.59% of the development authority's Rs.23,711.16-crore budgetary target for the upcoming fiscal year, officials said.

"The MMRDA is looking to secure the loans preferably from a bank or a domesti...