The smart city plan of Navi Mumbai will include projects worth Rs.8,000 crore. A major chunk of that-amounting to around Rs.6,000 crore-will involve various development projects by the civic body, another Rs.1,000 crore for projects by Cidco and Rs.250 crore to be worked out by MSEDCL.
Navi Mumbai, which is in close proximity to Mumbai is a rapidly growing business hub in Maharashtra. It is fast emerging as a key IT hub and requires an efficient integrated transport system, adequate and regular power supply, state-of-the-art telecom network in order to enhance the quality of life of its over 12 lakh residents.
Today, 70 per cent of our GDP comes from urban areas while the investment for urban development is only 0.70 per cent. Now, according to the McKinsey Global Institute (MGI) report, Indias urban population is projected to increase from 34 crore in 2008 to 59 crore in 2030
CIDCO, the nodal body overseeing the planned Navi Mumbai airport project, plans to extend the time for companies to respond to the request for qualifications (RFQs) for the project by more than a month. The date has been extended to 30 July from 18 June.
About 20 companies participated at the pre-bid conference for the Navi Mumbai International Airport project. This was the first meeting after the City and Industrial Development Corporation (CIDCO) had floated the request for qualification (RFQ) for the proposed airport.
The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)
With the election round the corner, not much is likely to happen with respect to new airport infrastructure in India this year. Among the few aviation opportunities that exist a major one is the Navi Mumbai greenfield international airport project
Navi Mumbai Mayor Sagar Naik has asked the officials concerned to expedite the road repair works in the city areas including Belapur. Residents had expressed their anger over the delay in the road repair works, despite the end of the rainy season.