Maharashtra Public Works Department (PWD) Minister Chandrakant Patil gave this information to reporters.
"The bridge is almost ready and we hope to open it for public on June 5. The bridge will be inaugurated by Union Minister Nitin Gadkari and Shiv Sena chief Uddhav Thackeray," he informed.
Mr Patil was speaking after a review meeting held here with Gadkari and the authorities of the National Highways Authority of India (NHAI).
"The state has spent around Rs 27 crore on rebuilding the bridge," he said.
"We also do not have any plans of denotifying the Sion-Panvel highway," he said.
The British-era Mahad bridge across the River Savitri on the Mumbai-Goa highway had collapsed on August 2, taking with it two buses and two private vehicles, carrying over 40 passengers.