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Home » Realty Finance

Beautification plans will increase real estate rates

Submitted by on Saturday, 14 March 2009No Comment


The banks of the Mithi River with sparse mangrove between Dharavi bridge

and mini-confluence on the BKC are set to get a new look
complete with trees, and
thick stairs of black stones or Gabion walls, to prevent soil erosion. These plans, that are part of the Mithi’s beautification project, is being implemented quickly, say sources in order to sell some of the rarely seen huge open plots in the area. Authorities are yet to tackle the sewage water along this stretch and reduce the odour emanating from the river. “Once this pilot phase is done, we will implement it all along the Mithi’s embankment across BKC, that is up to MTNL bridge, Kapadia Nagar side and the Vakola nullah,” said MMRDA chief engineer S R Nandargikar.

The Rs 9.14 crore-project includes the construction of `wooded bund’ with densely green trees and shrubs, about 3,750 cubic meters of Gabian wall, and 1,700 sq m of paver blocking.

The tenders will be opened on March 30 and the winning company will have nine months to complete the work.

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