The budget in the new proposal, which will be sent to the Union urban development ministry, has fixed at Rs 2901 crore. Ghaziabad Municipal Corporation (GMC) had earlier estimated spending of Rs 2200 crore for various civic and infrastructure work. The proposal consists of two components area based development and pan city solutions.
According to the proposal, a sum of Rs 2,122 crore will be spent on area based development and about 1,495 acres of land in the Trans Hindon area of the city will be retrofitted and redeveloped. This area includes portions of Vaishali, Kaushambi and Vasundhara.
An estimated budget worth Rs 779 crore will be used for pan city solutions, aimed at making infrastructure and services better, which will involve the application of various smart solutions with the use of technology.
Meanwhile, out of the total budget, the central government and the UP government will release Rs 500 crore each. Infrastructure works under way in the city with funds from the AMRUT scheme of the central government will further be adjusted into the budget.
The remaining amount will be raised through private partnerships while the GMC is also expected to make a certain quantum of the budget available.