AUDA earmarks ₹1,431-cr for urban infrastructure

Ahmedabad Urban Development Authority (Auda) has chalked out an ambitious plan to invest ₹1,431 crore for construction of new housing units, bridges and roads, and new drainage lines. In addition, the urban development body has also sought a soft loan of ₹2,800 crore from Asian Development Bank (ADB) to fund its future projects as the authority has decided to invest ₹531 crore on construction of eight new bridges, ₹289 crore on laying new roads in developing areas, ₹204 crore on providing affordable housing, and ₹2,015 crore on laying new drainage lines. These apart, ₹202 crore will be spent on a number of other smaller projects. CEO of Auda, A B Gor said that the development authority has a corpus fund of around ₹1,100 crore and development works worth ₹1,431 crore have already been initiated and will mainly be used for constructing new bridges, laying new roads, providing new drainage infrastructure and other amenities like new auditorium, library, civic centres, garden and development of lakes.