The government has been holding talks with the AIIB for the Metro 4 project. During the Chinese bank’s Third Annual Meeting last month, it had been announced that the bank will be funding India’s National Investment and Infrastructure Fund (NIIF).
The MMRDA will also help the university in utilising the Transferable Development Rights (TDR) it received in exchange for the 34,000 sq mt land provided to build two roads connecting BKC to Vakola and Santa Cruz-Chembur Link Road.
On July 13, Maharashtra directed cinema halls to stick to the MRP of food products and said viewers should be allowed to carry own eatables in. Desai has been in charge of two Mumbai theatres, Maratha Mandir Theatre and G7 Multiplex, since the 1970s.
“In places where the signages have been damaged, we will be replacing them with new ones. These will include directional, warning and informational signages,” said R A Rajeev, Metropolitan Commissioner.
The services of Phase I will resume with revised fares, which are almost at par with the Metro One fares. While the previous fares ranged between Rs 5 and Rs 19, they have now been hiked to Rs 10 and Rs 40.