Build smart cities along Mumbai Pune Expressway to earn Rs 25,000 crore for development projects, suggests chief minister
MSRDC has many land parcels which can be explored to raise funds
Feb 26, 2015
Source : The Times of India
Devendra Fadnavis, Maharashtra CM


MUMBAI: Chief minister Devendra Fadnavis wants the land along the Mumbai-Pune Expressway to be explored for building smart cities to earn up to Rs 25,000 crore for various developmental projects.

He also advised officials to avoid complex projects, such as Pedder Road flyover, and take up "easier" ones which will not involve much approvals and legal tangles. He wants the administration to adopt advanced Supervisory Control and Data Acquisition system to ensure that roads could be monitored for 'motorabality' throughout the year and reiterated his directives about preparing a comprehensive proposal to offer relief in toll to vehicles across the state.

He was addressing officials from the public works department and Maharashtra State Road Development Corporation (MSRDC) at Mantralaya on Wednesday.

"MSRDC has many land parcels which can be explored to raise funds. Building smart city along the Expressway can be one of the options. Based on the revenue model then various infrastructure projects can be undertaken for the benefit of the people," he said. According to sources, Fadnavis asked MSRDC officials to follow the MMRDA model, wherein it raised funds by using its land parcel such as BKC.

He recommended renewal of projects such as the Worli-Haji Ali arm of the sea link, raising money separately for high-speed roads, advocated the idea of building rest rooms along highways to earn revenue and urged the cash-strapped MSRDC to take up outside projects.

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