India, Oct. 16 -- To fund its future infrastructure projects, the Eknath Shinde-led Maharashtra State Road Development Corporation (MSRDC) has decided to lease out or sell land owned by it. According to sources, the Corporation is willing to lease out its land for a period of 99 years in most of the cases. In some cases, it plans to jointly develop the lands or even sell them off.

"We are planning to monetise the land parcels," confirmed Anilkumar Gaikwad, vice-chairman and managing director, MSRDC. "The mode will be decided based on the recommendations of our consultants, whom we are in the process of appointing. This is being done to support future projects."

MSRDC was appointed by the state government as the special planning authorit...