Mumbai To Soon Have A New York-Like Central Park: All You Need To Know
The Maharashtra Government has cleared a proposal to develop a 300-acre landscaped park of international standards. The Central Park will be developed on 120 acres of the total 211 acres of Mahalaxmi Race Course. The government will hand over the plot to the BrihanMumbai Municipal Corporation.
Soon Maharashtra's capital Mumbai will have a 300-acre Central Park, like the New York Central Park.
The Maharashtra Government has cleared a proposal to develop a landscaped park of international standards.
Mumbai Central Park
The Central Park will be developed on 120 acres of the total 211 acres of the Mahalaxmi Race Course.
According to the Chief Minister¡¯s Office, the government will hand over the plot to the BrihanMumbai Municipal Corporation (BMC) which will be the nodal development agency.
Mahalaxmi Racecourse agrees to hand over land
On Sunday, the Royal Western India Turf Club (RWITC) gave its nod to the BMC¡¯s proposal to convert the Mahalaxmi Racecourse into a theme park.
According to reports, 76.24% of the members of RWITC voted in favour of the proposal to return 120 acres of land leased to them nearly 100 years ago, to the BMC permanently.
The BMC had offered to renew the turf club¡¯s lease, which expired in 2013, for a 30-year period if the RWITC hands over half of the 211 acres of land it possesses.
The cabinet has approved granting a lease of 91 acres of land to RWITC for a further period of 30 years from the date of actual possession and renewal of the said lease per the provisions prescribed from time to time.
What will be left of Mahalaxmi Racecourse
As part of the deal the race tracks, helipad, grandstand and certain horse stables will fall under the 91-acre portion, which will stay with the race course, the remaining 120-acre parcel will accommodate jogging tracks, additional stables, the parking area and a portion of the lawn.
The agreement on the leased plot was approved for renewal from June 1, 2013, to the date of actual possession of the plot.
As per Monday¡¯s cabinet decision, the difference in the amount payable for the said period will be recovered by the BMC as per the rate fixed by the state Revenue and Forest Department.
For more news and current affairs from around the world, please visit Indiatimes News.