State to develop six townships along Mumbai-Nagpur Expressway

Six townships will offer cash and developed annuity-based returns to the farmers, making them partners in the project

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The state government has begun planning the development of six townships that will come up along the 701-km Mumbai-Nagpur Expressway. Consultants will be appointed soon to prepare a development plan.   

It is believed that the proposed townships will be self-sustaining comprising of both commercial and residential clusters, as well as few agro-based industries. According to MSRDC officials, development of the 17 townships will also generate employment opportunities in the area.

In order to work on the six townships, the Maharashtra State Road Development Corporation (MSRDC) has appointed companies such as Crisil and HCP. Though initially, the corporation had planned to develop 24 townships along the expressway, the MSRDC now will develop 17 such townships. 

Also Read: The State Might Bring In A Railway Line For BKC Commuters

For now, plans are being prepared for 2,718.73 hectares, or two villages, in the Thane district; 1,133.02 hectares (seven villages) in Wardha; 1,944.07 hectares (three villages) in Buldhana; 1,967.95 hectares across four villages between Ahmednagar and Aurangabad districts; and 1,274.49 hectares (two villages) and 1048.52 hectares (four villages) in Aurangabad alone.

One of the senior MSRDC officials said that consultants have been appointed to sign the areas pooled by farmers. He added that the six townships will offer cash and developed annuity-based returns to the farmers, making them partners in the project. 

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