Hey folks, have you ever wondered how infrastructure projects acquire land for development? Well, Dr. Bhosale has shed some light on the matter. Turns out, property owners are usually provided with Transferable Development Rights (TDR) or Floor Space Index (FSI) in exchange for their land. But here’s the kicker – many landowners would rather have cold hard cash instead. This preference has posed a challenge due to limited financial provisions in previous budgets.
In other news, the PMC is in need of some serious cash to fix missing link roads and improve access routes to the railway station and airport. They’ve put in a request for ₹100 crore from the state government for the former and ₹400 crore for the latter. The budget preparation is in its final stage, with departmental discussions wrapping up soon. Looks like they’re aiming to submit everything by the end of February.
So there you have it, folks. Stay tuned for more updates on these crucial infrastructure projects and the budget decisions that will shape their future. Until next time!
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