The Housing and Urban Development Corporation, under the Ministry of Housing and Urban Poverty Alleviation, has approved a loan worth Rs 8 billion for the Mumbai-Nagpur Communication Expressway Project. The loan has been approved for the Maharashtra State Road Development Corporation, the nodal agency for the project for land acquisition purposes. The project involves the construction of a communication expressway from Nagpur to Mumbai, scheduled to be completed by October 2019 at an estimated cost of Rs 460 billion.
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