MSRDC to Monetise Land Assets to Finance Key Infrastructure Projects
ROADS & HIGHWAYS

MSRDC to Monetise Land Assets to Finance Key Infrastructure Projects

The Maharashtra State Road Development Corporation (MSRDC), led by Chief Minister Eknath Shinde, plans to monetise its land holdings to fund future infrastructure projects. The Corporation intends to lease land parcels for up to 99 years, with some earmarked for joint development or sale.
MSRDC has been designated as the special planning authority for several strategic regions, including 19 growth centres along the Mumbai–Goa Expressway, 18 nodes on the Samruddhi Mahamarg, and development zones near the Pune Outer Ring Road, Shaktipeeth Highway, and Mumbai–Pune Expressway.
The agency is prioritising six major projects requiring around Rs 1,700 billion. These include the 802-km Nagpur–Goa Shaktipeeth Expressway (Rs 863.6 billion), the 126-km Virar–Alibaug Multimodal Corridor (Rs 550 billion), and the 191-km Nagpur–Chandrapur Expressway (Rs 217 billion), among others.
Consultants will evaluate existing and proposed planning projects, assess connectivity, infrastructure, ecological buffers, and development potential across identified land parcels, aligning them with MSRDC’s broader strategic vision for Maharashtra’s infrastructure growth.

The Maharashtra State Road Development Corporation (MSRDC), led by Chief Minister Eknath Shinde, plans to monetise its land holdings to fund future infrastructure projects. The Corporation intends to lease land parcels for up to 99 years, with some earmarked for joint development or sale.MSRDC has been designated as the special planning authority for several strategic regions, including 19 growth centres along the Mumbai–Goa Expressway, 18 nodes on the Samruddhi Mahamarg, and development zones near the Pune Outer Ring Road, Shaktipeeth Highway, and Mumbai–Pune Expressway.The agency is prioritising six major projects requiring around Rs 1,700 billion. These include the 802-km Nagpur–Goa Shaktipeeth Expressway (Rs 863.6 billion), the 126-km Virar–Alibaug Multimodal Corridor (Rs 550 billion), and the 191-km Nagpur–Chandrapur Expressway (Rs 217 billion), among others.Consultants will evaluate existing and proposed planning projects, assess connectivity, infrastructure, ecological buffers, and development potential across identified land parcels, aligning them with MSRDC’s broader strategic vision for Maharashtra’s infrastructure growth.

Next Story
Infrastructure Energy

Coal Ministry Simplifies Disposal of Washery Rejects

The Ministry of Coal has recently simplified the process for disposal of coal washery rejects to enhance ease of doing business and ensure faster utilisation, while maintaining environmental safeguards. The move aligns with the government’s Atmanirbhar Bharat vision and ongoing reform agenda in the coal sector. Under the existing policy issued on 27 May 2021, washery rejects were disposed of through a three-tier priority system. The first priority allows their use for energy extraction, in line with Solid Waste Management Rules, 2016, applicable to waste with calorific value above 1,500 kca..

Next Story
Infrastructure Urban

India, Oman Sign CEPA to Boost Trade and Services Ties

India and Oman have recently signed a Comprehensive Economic Partnership Agreement (CEPA), marking a major milestone in India’s strategic engagement with the Gulf region. The agreement was signed in the presence of Narendra Modi and Sultan Haitham bin Tarik, by Piyush Goyal and Qais bin Mohammed Al Yousef. The CEPA provides unprecedented market access for Indian goods, with Oman offering zero-duty access on 98.08 per cent of its tariff lines, covering 99.38 per cent of India’s exports by value. Major labour-intensive sectors such as textiles, leather, footwear, gems and jewellery, enginee..

Next Story
Technology

TTDF Backs 136 Telecom R&D Projects Worth Rs 5.42 Bn

The Telecom Technology Development Fund (TTDF) Scheme has recently approved 136 projects worth Rs 5.42 billion to strengthen indigenous telecom innovation across India, the government informed Parliament. The scheme focuses on bridging the digital divide by enabling development and manufacturing of advanced telecom technologies for rural and remote areas. In a written reply to the Rajya Sabha, Minister of State for Communications and Rural Development Pemmasani Chandra Sekhar said the TTDF Scheme, launched on 1 October 2022, supports IITs, NITs, MSMEs, start-ups and research institutions work..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App