The BMC is working to generate revenue from land development and redevelopment. The civic body has scrapped the decision to appoint a consultant and framed an internal committee to suggest remedies to create new revenue sources.

Additional Municipal Commissioner Dr Sudhakar Shinde has confirmed the update. “We are not appointing consultants now. A team comprising our officials will frame guidelines. This is a very vast process. it will take time,” Dr Shinde added. This team will suggest remedies to increase the BMC’s revenue via redevelopment, he added.