The MMRDA has established a Reserve
Fund in 1992. From this fund, soft and long term loans are
granted to local authorities in the MMR for financing infrastructure
works. The loans sanctioned and disbursed from this fund are
as follows:
a) Mira Bhayander Municipal Corporation Rs. 12.00 Cr. For construction of ROB
b) Public Works Department Rs. 19.50 Cr. for Second Thane Creek Bridge,
c) Public Works Department Rs. 62.15 Cr. for construction of flyovers..
d) MSRDC Rs. 525 Cr for construction of Mumbai-Pune Express Highway and Mumbai Flyovers.
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