CIDCO announces Rs. 34000 crore for smart city project in Navi Mumbai
Q: City and Industrial Development Corporation has prepared a plan to develop a smart city in Navi Mumbai and has thought of an investment of Rs 34777.40 crore.
It is a clear cut indication that if the smart city will developed there will create lakhs of job opportunity. In the coming 5 yrs, there will be investment of more than Rs 50000 crore for infrastructural development facilities in these regions as per report.
@Pradyuman, It is good to know Pardyuman. CIDCO has already undertaken various projects, including Navi Mumbai International Airport, JNPT capacity building, NAINA pilot project, metro and railway projects and creating affordable housing, which will be the major economic triggers for the city.
As per the report, South Navi Mumbai development plan is based on 10 major building blocks and 88 sub-projects with a total investment of Rs 34777.40 crore. Navi Mumbai is now working diligently to make the developing nodes of South Navi Mumbai a smart and Eco-friendly habitat.
Yes, and Maharashtra Chief minister Devendra Fadnavis will make the announcement for smart city "Navi Mumbai South' on December 4 during a two-day exhibition to be organised by CIDCO here.