Mira-Bhayandar: In a step towards making the twin city free of potholes, the Mira-Bhayandar Municipal Corporation (MBMC) has received an in-principle clearance to its application seeking ₹500 crore as a loan from Bank of Baroda to concreting its road network across the twin-city
A government resolution allowing the MBMC to raise the loan from the banking institution was passed by the state’s urban development department (UDD) in November 2022. After a detailed survey, the MBMC has outlined a detailed roadmap to concretise 67 roads. The estimated price tag for the road concrete project has been pegged at ₹1,034 crore. The erstwhile general body house passed a resolution allowing concreting work of 45 roads in the twin city on September 2, 2019
https://www.freepressjournal.in/mumbai/mira-bhayandar-mbmc-gets-500-crore-loan-approval-for-road-concertisation
Source: The Free Press Journal
