Meerut: "The cost of land acquisition will be around Rs 2,000 crore, out of which the UP government will give 50% as interest-free long-term loan," said vice chairman of MDA, Abhishek Pandey.
MEERUT: The Uttar Pradesh urban development ministry has approved Meerut Development Authority's plan to develop the first-of-its-kind 750-acre state-.
The Uttar Pradesh urban development ministry has granted approval to the Meerut Development Authority (MDA) to create a 750-acre township near the upcoming Delhi-Meerut rapid rail transit system (RRTS). The new township aims to support the infrastructure surrounding the RRTS corridor and promote transit-oriented development. The project will receive a 50% interest-free loan from the UP government, and the National Capital Regional Transport Corporation (NCRTC) will also benefit from the development.
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