Mumbai varsity to hand over land to MMRDA to build roads

Image
Press Trust of India Mumbai
Last Updated : Oct 21 2016 | 8:14 PM IST
Mumbai University has agreed to hand over 34,715 sq mt land in suburban Kalina to Mumbai Metropolitan Region Development Authority (MMRDA) to build two roads that will connect BKC to Vakola and Santa Cruz-Chembur Link Road.
"In all, the university will hand over land measuring 34,715 sq mt to MMRDA. The TDR, generated after handing over of the land, will be sold and used for the overall development of the university, which will include construction of hostels, staff quarters, guests house, science block in area of about 3 lakh sq mt," the authority said in a statement here.
The MMRDA will be constructing 1.2 km-long elevated road with 2+2 lanes from Bharat Diamond Bourse Junction in BKC to Vakola Junction near Western Express Highway.
It will also construct 400-metre long and 30-metre wide road in the vicinity of Mumbai University for additional connectivity from BKC to Santa Cruz-Chembur Link Road.
The MMRDA has also planned to build a flyover from Bandra Worli Sea Link to BKC and a road on stilt from Kalanagar towards Sea Link. The estimated cost of the work is Rs 253 crore, the statement said.
It has also proposed to develop an elevated connector from 'G' Block in BKC to join EEH via Mithi River, LBS Road, Central Railway track Duncan Causeway Road, colony road leading to Chunabhatti Railway Station, crossing Harbour Line tracks and Somaiyya Trust Ground at an estimated cost of Rs 155.70 crore and expected to be completed by April 2018.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 21 2016 | 8:14 PM IST

Next Story