September 06, 2008

MMRDA board to invest INR 3,000 crore for JNNURM projects

Projects Today reported that Mumbai Metropolitan Region Development Authority board has approved the plan to invest INR 3,000 crore for implementing the Jawaharlal Nehru National Urban Renewal Mission projects. Out of the total investment of INR 3,000 crore, the centre will give 35% of project cost, state government will provide a 15% share and the municipal bodies will have to rake in the remaining cost.

It is learnt that around 8 cities in MMR come under the Jawaharlal Nehru National Urban Renewal Mission. This includes Mumbai, Thane, Kalyan Dombivli, Navi Mumbai, Mira Bhaindar, Ulhasnagar, Ambarnath and Kulagaon Badalapur.

MMRDA has also decided to implement the Extended Mumbai Urban Infrastructure Project and allocate INR 1,500 crore to improve the road network in MMR. The region covers neighboring districts like Thane and Raigad. This project proposes INR 380 crore for the four main roads on Vasai Virar area, INR 449 crore for the four main roads on Mira Bhaindar area, INR 604 crore for the construction work of Dombivli Bhiwandi and Dombivli Mumbra Link Road in Thane Dombivli and Kalyan area, 4 fly over bridges on Thane Ghodbunder road, 3 fly over bridges within Thane municipal corporation area and 5 main roads. In addition, INR 60 crore will be spent on a flyover bridge in Panvel.