Mumbai: The state has granted in-principle approval for transit oriented development (TOD) along Navi Mumbai Metro Lines 1A and 2 and proposed appointing CIDCO as the special planning authority for Metro Lines 1, 1A and 2.
The provisions are part of the ₹5,575 crore metro expansion project comprising the 3.02km Line 1A from CBD Belapur to Sagar Sangam and the 14.07km Line 2 from Pendhar to Navi Mumbai International Airport Terminal 4. TOD will be implemented under the Maharashtra Regional and Town Planning Act, 1966.
CIDCO’s proposed planning authority role will cover the Belapur-Pendhar, BelapurSagar Sangam and Pendharairport corridors. The move is expected to enable integrated development around stations in CBD Belapur, Kharghar, Taloja, Pendhar, Kalamboli, Roadpali and Kamothe across a 196.7 sq km project area.
To get details on exclusive and budget-friendly property deals in Mumbai & surrounding regions, do visit: https://budgetproperties.in/