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MSRDC to construct six-lane elevated road in Navi Mumbai

Monday, 09 Mar 2020
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The Maharashtra State Road Development Corporation (MSRDC) has planned to construct a six-lane elevated road between the areas of Kharghar and Turbhe at Navi Mumbai.

The project is expected to entail an investment of Rs 1,222 crore.

Of the total investment, around Rs 305 crore to be provided by the City and Industrial Development Corporation (CIDCO) while MSRDC and the Maharashtra Industrial Development Corporation (MIDC) will put in Rs 153 crore each. The remaining Rs 611 crore will be borrowed.

 
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