Cidco to build a Rs 273-cr coastal road in Navi Mumbai
Navi Mumbai town planning authority Cidco is planning to build a coastal road to conncet Kharghar with Belapur at an estimated cost of Rs 273 crore.
The 9.5-km road will be developed in two phases and the tenders will be soon bid out, the authority said Friday.
“Our board has already given the approval for the project, which will not just decongest the city but also become a catalyst for growth of Navi Mumbai,” Cidco said in the statement.
Cidco is currently undertaking various developmental works including the under-construction Navi Mumbai international airport, metro corridors, corporate parks and mass affordable housing projects, among others.
Meanwhile, the authority has also approved the detailed project report, prepared by state-run Rites, for two metro lines-the 7.12-km Khandeshwar-Taloja MIDC corridor 2, and the 3.87-km line 3 from Pendhar to Taloja MIDC.