Investment in civic projects is not adequate to support construction in Mumbai
A recent study has revealed the investment scenario of Mumbai. It is being recorded that since 2005 only Rs 15305 crore has been invested for basic civic projects.
The report also states that Mumbai require additional investment of Rs 27500 crore to finish all the civic projects.
All the major investments made on land and apartment construction projects in Mumbai. However the need of relative civic projects has been ignored.
As a result the city is struggling to provide requisite infrastructure for the civilization.
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Source : Times of India
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