Mumbai Coastal Road project given priority in 2022-23 budget In the Brihanmumbai Municipal Corporation (BMC)'s 2021-22 budget for Mumbai, Rs 3500 crore was allocated to the Coastal Road project, 50% of which has been completed. For the financial year 2022-23, Rs 3200 crore has been allocated for a 90% completion of it. The base construction cost of the project is 8,429.44 crore, and Rs 12,950 crore including taxes, supervision charges, consultancy charges and others. A total of Rs 22,647 crore has been allocated for capital expenditure for spending on projects dealing with infrastructure, drainage systems and water supply. Source: Mid…
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