The flyover is in need of repairs after the IIT conducted a structural audit. The flyover provided connectivity between Mumbai, Thane and Navi Mumbai. IIT had done the structural audit in 2017 and recommended replacing the bearing.
Union minister Ramdas Athawale, who visited Indu Mill on Sunday, and met officials of the Mumbai Metropolitan Region Development Authority (MMRDA), asked them to check if the work on the statue could be moved to another country to ensure that the project is completed on time.
Nilang Shah, the firm’s chairman and managing director, told the Indian Express on Thursday that the company has been writing to the state-run Dharavi Redevelopment Project Authority (DRPA) for over seven months for issuance of the letter regarding the awarding of the work.
The fares, which were finalised on Monday, will be Rs 220 for general class, Rs 330 for AC class and Rs 550 for the luxury class. Car fares are also categorised into three slabs, depending on the size of the vehicles — Rs 1,100, Rs 1,500 and Rs 1,900.
Three MHADA societies —Ajinkyatara housing society, Shiv premises housing society and Samarpan housing society — are located in Nehru Nagar, consisting of 120 residential tenements and 56 commercial shops.
“To achieve the expected ridership target - about one lakh commuters daily - the time gap between two Monorail services should be cut down to two minutes. And to achieve this target, the MMRDA will add two more trains,” a senior MMRDA officer said.
Under the SRA model, the government provides buildable area incentives to developers redeveloping slum hutments free of cost. An increase in the tenement size of slum tenements would mean higher incentives to the developers.
The MMRDA floated bids to appoint another contractor on January 30. The bids are for constructing the delayed portions of the viaduct and and another for completing the construction of the four stations: Andheri Metro East, Shankarwadi, JVLR junction and Mahananda Metro station.
The Union Budget announced by Finance Minister Nirmala Sitharaman on Saturday failed to keep up with the aspirations of the real estate industry, which is facing a huge demand slowdown and sluggish housing sales.