The Bigger Picture
We simultaneously build another λ-shaped bridge between the Jerbai Wadia Road and the Dr. Ernest Borges Road as is shown in the picture below in Yellow Colour. This solves the Paral Bhoiwada Naka traffic conundrum. Now, I know that there is an existing Metro line there. It clearly will conflict with the λ-shaped bridge I am proposing, no doubt. However, and quite luckily at that, both the Naigaon Metro Station and the Ambedkar Nagar Metro Station are away from the Bhoiwada Naka, and therefore, lifting the Metro to go over and above the λ-shaped bridge is comfortably possible.
It is magical how no new properties are required to be acquired to achieve all this. Nay it is miraculous, how nothing major is required to be rebuilt to achieve all this. I am making it sound ridiculously simple I know. And I would argue it indeed really is. For the MMRDA it indeed is. For the government it couldn't have been simpler. The λ-shaped bridge too will have to be on the leftmost side of the Jerbai Wadia Road when heading eastward. This way, those going further east will climb up the λ-shaped bridge, and those who want to head into Paral will move right and then turn right at the Dr. J. B. Naik Chowk onward towards the KEM, or go a little further up and turn left at the Bhoiwada Naka itself onward towards G. D. Ambekar Marg, right under the λ-shaped bridge.
With the construction of the λ-shaped bridge the eastward bound traffic will seamlessly move further east towards the Rafi Ahmed Kidwai Marg sparing the already busy Bhoiwada Naka or the Shetye Market right there on the Govind Keni Road. Needless to say, the westward bound traffic originating from the Jerbai Wadia Road (from the Crescent Bay side) climbs up the λ-shaped bridge and lands down on Dr. Ernest Borges Road and then turns right at the KEM Circle onward towards the lower westward 2nd level of the Connector.