The Chhatrapati Shivaji Maharaj Smarak or Chhatrapati Shivaji Maharaj Memorial is a proposed monument Shivaji, the founder of the Maratha Empire. The statue will be located in Mumbai Back Bay. As of February 2025, construction of the monument has not yet started despite being expected to be completed by October 2022.
On 24 December 2016, for a foundation-stone laying ceremony by Prime Minister Narendra Modi, volunteers collected water from various rivers in the state and soil from Shivaji's forts. Egis in India, a local arm of the French engineering company Egis Group was appointed the Project Management Consultant.
On 1 March 2018, a Letter of Acceptance was issued to the contracting firm Larsen & Toubro to begin construction of the project. Initial plans for the project called for the foundation to be built from reclaimed basalt and rubble from the Colaba–SEEPZ metro tunnel. However, due to delays associated with the monument, the rubble is no longer reserved for the monument, and is being transported to quarries for storage.
The completed vision of the project will include visitor centre buildings, a memorial garden, a library, food court, and convention centre with room for approximately 10,000 people. The memorial will also have a museum, exhibition gallery, amphitheater and hospital. The memorial will showcase replicas of Chatrapati Shivaji Maharaj's forts.
Since Mumbai has four rainy months every year which makes access to memorial by boat difficult, a 1.2 km undersea metro rail connection from Cuffe Parade on Mumbai Metro Line 3 option for connecting the Shiv Smarak was finalised after considering various ropeway and metro rail options. This option, with a cost of , will provide all weather connectivity during all 12 months of the year. Earlier, options of another undersea metro rail route from Girgaon Chowpatty, or an aerial ropeway and causeway sea link were also considered before deciding on the shorter Cuffe Parade Metro Link.
The Koli people staged protests in 2017 and expressed their fear that they will lose their livelihood.
In August 2021, the project was stalled since January 2019 due to the COVID-19 pandemic, only the bathymetry survey complete while the geotechnical survey was underway. Consequently, state PWD proposed extending project completion date by a year from 18 October 2021 to 18 October 2022.
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