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Rs 10,000-crore Innovation Park project scrapped

Sources say chief minister asked MMRDA to focus more on implementing projects related to infrastructure development rather than the park

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It is official. The Mumbai Metropolitan Region Development Authority (MMRDA ) has finally scrapped the Rs 10,000-crore Innovation Park project because the planning authority feels that land acquisition process for this project is an impossible task. However, sources in the authority said that the reason this project was scrapped is because the Chief Minister instructed the MMRDA to concentrate more on taking up and implementing projects related to infrastructure development such as construction of multimodal corridors, expressways, metro project, among others.


Scrapped: The proposed Innovation Park was the brainchild of ex-MMRDA commissioner and ex-chief secretary Ratnakar Gaikwad and it was supposed to be a hub for research and development activities. Representation pic

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