The Free Press Journal-MSRTC Plans Modern Depots On Public-Private Partnership Model Using 3,360-Acre Land Bank
Maharashtra Transport Minister Pratap Sarnaik announced that the Maharashtra State Road Transport Corporation (MSRTC) possesses a land bank of 3,360 acres across the state, which the government plans to develop into modern depots under a Public-Private Partnership (PPP) model.
Speaking as the chief guest at a conclave organized by NAREDCO GenNext on Tuesday, Sarnaik called upon developers to collaborate on transforming these sites into state-of-the-art transport hubs. The government is considering leasing the land for 99 years and remains positive about the initiative.