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(From India Business Insight)
MSRDC has executed 33 flyovers as part of the Rs1,600-crore major infrastructure project for Mumbai. It is getting Rs70 crore per annum from toll, and about Rs3 crore from advertisement and commercial use. The toll receipts are likely to increase to Rs90 crore in 2003 owing to the revision of toll rates and increased traffic while incidental income from other items is likely to touch Rs8 crore.
The project was appreciated as there was a marked improvement in infrastructure …