MCGM can generate funds using the active real estate market of Greater Mumbai. Every year, almost 20 million square feet of prime real estate are constructed in the city under various asset classes. In most of the construction projects, about 25% of the area is exempt from FSI calculation as per the present regulations. The funds raised through the direct selling of land may still not meet the entire funding requirement. More innovative ways have to be adopted to finance highly capital-intensive infrastructure projects by way of inviting private sector investments with the incentives of development rights, air rights, etc. as a viability gap funding mechanism.