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Fund crunch: BMC looks to monetise octroi nakas

With the BMC facing a major financial crisis, it is now looking at one of its biggest land banks to bail itself out. The BMC will monetise its octroi nakas by converting these into commercial and transport hubs and raise revenue from this.

from Mumbai News: Latest Mumbai News Headlines & Coronavirus News Updates from Mumbai - Times of India https://ift.tt/3usdat0

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