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The Mumbai Metropolitan Region Development Authority (MMRDA) is seeking a Rs 4,000 crore loan for the redevelopment of Ramabai Nagar. The loan will be used for all works related to the project, which aims to provide rehabilitation for slum-dwellers and create additional housing. MMRDA has already prepared a detailed project report and will publicize the terms and conditions for the loan on February 5. The repayment period is expected to be 15 years. This is the first slum redevelopment project undertaken by MMRDA.

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Mumbai , Maharashtra , India , Nagpur , Ghatkopar , Ramabai Ambedkar Nagar , Sanjay Mukherjee , Mumbai Metropolitan Region Development Authority , Slum Rehabilitation Authority , Eastern Express Highway , Eknath Shinde , Mmrda ,

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