New alignment for the greenfield Delhi-Mumbai express highway is likely to reduce land acquisition cost by up to Rs 20,000 crore as the highway will travel through backward and undeveloped areas, Union Minister Nitin Gadkari said in Tuesday.
The proposed project will also cut travel distance between the two metros by 125 km.
The minister said as compared to land acquisition cost of Rs 7 crore per hectare for the existing highway between Delhi and Mumbai, the new alignment will see land acquisition cost to reduce to Rs 70 to 80 lakh per hectare.
The government has planned to build a new express highway connecting Delhi and Mumbai on a new alignment at a cost of Rs 1 lakh crore. Read More
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