India, Feb. 18 -- The Mira-Bhayander Municipal Corporation (MBMC) is still scrambling to secure funds to resume its ambitious road concretisation project in the twin cities of Mira-Bhayander. The project, pegged at Rs.500 crore, commenced post-monsoon in 2023 and was to be completed in June 2024.

However, MBMC officials said it ground to a halt in August last year as the civic body faced a major shortfall in funds. One loan application has been rejected and the corporation is in the process of applying for a loan with another bank.

Tenders had been floated for the concretisation of 67 roads in Mira-Bhayander in 2023. The work, to be undertaken by the MBMC and the Mumbai Metropolitan Region Development Authority (MMRDA), was to be execut...