The cost of the Mumbai-Nagpur Super-communication Expressway has risen by nearly Rs 10,000 crore since the project was mooted nearly three years ago, according to information available from the Maharashtra State Road Development Corporation which is executing the project.
Officials say the project is estimated to cost Rs 55,335 crore as against the original estimates of Rs 46,000 crore. The MSRDC began work on the project earlier this month and the entire project is expected to be completed in 36 months.
86% land acquired for Nagpur-Mumbai super expressway
The 701-km expressway will comprise eight lane roads and will have optical cable fibres running beneath to provide broadband connectivity to IT townships coming alongside.
“The Maharashtra government has acquired 85 per cent of the 10,463 hectares of land required for the project,” Chief Minister Devendra Fadnavis said recently.
The expressway is divided into 16 sections and various companies are developing these sections.
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