[sustran] Re: innovative funding for public transport

[Debi Goenka]

This is with reference to Kaarina Sarac's email re incease
in property values as a result to upgradation of public
transport systems.

One of the projects that was proposed to be built in Bombay
is a Mainland Link Bridge, which is estimated to cost about
Rs. 65,000 million (road only) and Rs. 95,000 million (road
and rail). (1 US $ = Rs. 45).

The developer has proposed that a land cess be collected
from the land owners on the mainland since their property
values are bound to increase if this bridge is constructed.

Fortunately, the bridge has not been approved; and
hopefully, it will never be constructed!!

Cheers

Debi 

-- 





Debi Goenka 					
Bombay Environmental Action Group
  
Mobile:  98200-86404
e-mail: debi.beag at softhome.net 



Environmental Education Office
	
Kalbadevi Municipal School
# 54, 2nd floor
Mumbai 400002

Tel:  2423126
Tfax: 2426385


Registered Office

4 Kurla Industrial Estate
LBS Marg, Ghatkopar
Mumbai 400086	

Tel: 5147574	
Fax: 5115810


Residence

B 502 Glengate
Hiranandani Gardens
Powai Mumbai 400076

Tel:  5700638
Tfax: 5701459