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Maharashtra plans to invest Rs.680 crore to develop 'New Mahabaleshwar'

Wednesday, 23 Jul 2003
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The Maharashtra government has plans to develop a new tourist destination near Mahabaleshwar, through public-private partnership.

 

The ‘New Mahabaleshwar’ development plan aims at promoting leisure, adventure as well as religious tourism. The picturesque region around Mahabaleshwar provides many peaks, hilltops, valleys, waterfalls, and houses forests, lakes, dams and tourist centres of natural and historical importance.

 

The project envisages the development of a new hilly land spread over 372 km2 and provide basic infrastructure facilities such as roads, water supply and electricity. The amenities to be developed are as below:

 

Amenities

Land (Hectares)

Housing

795

Commercial Purposes

1,325

Social Facilities & Public Amenities

371

Gardens

636

Recreational area

424

Institutional development

1,060

 

Private entrepreneurs would then be invited for establishing the aforementioned facilities.

 

The project, estimated to entail an investment of Rs.680 crore, would be implemented through a new company, ‘New Mahabaleshwar Development Co’, which would have participation from Maharashtra State Road Development Corporation (MSRDC), Maharashtra Tourism Development Corporation (MTDC) and Maharashtra Industrial Development Corporation (MIDC). MSRDC has been appointed as the nodal agency for the project.

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