THE MAHARASHTRA State Road Development Corporation (MSRDC) has decided to make land parcels around the highways constructed by it available to private players for commercial use without any tender or auction. The price of the land will be decided by the MSRDC.
An MSRDC official said is important that areas near the highways are developed and job opportunities are created, which will benefit the state’s economy and pave the way to set up new cities. “Under this, we will directly purchase or acquire land for the company through private negotiations instead of an auction or public tender,” the official added.
MSRDC is constructing some of the high-value road projects in the state, including the Rs 55,000 crore Nagpur-Mumbai highway/Samruddhi mahamarg.
