India, Sept. 14 -- With land acquisition for the Nashik ring road still underway, the Maharashtra State Infrastructure Development Corporation (MSIDC) has initiated efforts to monetise land along the proposed road which is being constructed for the Kumbh Mela next year, officials familiar with the matter told Hindustan Times.

Ranjit Hande, chief engineer, MSIDC said the ring road would comprise six lanes and the right of way would be 60 metres, along the lines of the ring road constructed for the Kumbh Mela in Prayagraj.

"We are yet to acquire the land fully. But we are appointing a consultant to get ideas on how to monetise land along the road," Hande said. The proposed road spans 66 km and 386 hectares of land needs to be acquired for...