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Revealed source at the www.propertykhazana.com disclosed that the Mumbai Metropolitan Region Development Authority (MMRDA) has taken up number of ventures to develop infrastructure amenities and improve building ventures in Greater Mumbai. This multi face ventures will use the funds of Rs. 2,444 Crores and the authority has also forecasted the housing for the airport slum rehabilitation venture within the similar resources. MMRDA is a bulge agency which gears the ventures to improve infrastructure amenities in Mumbai Metropolitan Region and it has planned to construct a new connection among Bandra and Kurla to give a straight connection among the Central and Western railway corridors.
Further the source added at the www.propertykhazana.com is that the Authority is also setting up big lump of amounts to assist different infrastructure ventures and it comprises the huge amount of Rs. 705.12 Crores under the Mumbai Urban Transport Project (MUTP), Rs. 562.95 Crores under the Mumbai Urban Infrastructure projects (MUIP), Rs. 300 Crores under the Mumbai Rail Transport System (MRTS) and Rs. 200 Crores under the Maharashtra State Road Development Corporation (MSRDC) to build the flyovers. Till now MMRDA has allocated Rs. 2,523.23 Crores from various sources and has taken a loan of Rs. 474.60 Crores from the World Bank, Rs. 150 Crores under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme and Rs. 810 Crores by renting its purchased properties and Rs. 100 Crores from the rehabilitation of slum inhabitants at Mumbai International Airport. For more and latest information logon to www.propertykhazana.com.
Source: NIMMA BENGALURU

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