mumbai infrastructure projects

Mumbai Infrastructure Projects Hit Major Roadblock
Navi Mumbai International Airport faces hurdles The proposed Navi Mumbai International Airport is hitting a roadblock. The airport faced major hurdles with land acquisition and environmental clearance. The estimated cost of the project is approximately Rs. 52.6 billion. The Navi Mumbai International Airport is to be built in the Kopra-Panvel area of the Mumbai Metropolitan […]

Mumbaikars likely to be imposed Infra betterment tax
A betterment tax is likely to be imposed on Mumbai residents living in close vicinity to the transport infrastructure projects that are coming up. This cess was proposed in 2012 by the Mumbai Metropolitan Region Develoment Authority (MMRDA) as well as the planning and nodal agent, to part-finance the capital expenditure associated with such projects. […]