Aug.12 (GMM) Plans are in the works for a formula one circuit in the Indian city of Mumbai.

1400 kilometres away, not far from the capital city New Delhi, construction of another circuit is well underway that is set to host the inaugural Indian grand prix next year.

But according to the local Business Standard, Mumbai's state Maharashtra government - through the Mumbai Metropolitan Region Development Authority (MMRDA) - is considering a track for 700 acres of land along the expressway to Pune.

An unnamed state official said initial talks are underway.

"MMRDA plans to first hold a meeting with interested parties on August 17 to take the idea forward," said the source.

He said the next step will be consultations.

"The consultants will suggest whether or not the project is feasible. We have also got to discuss how the project should be structured if the private sector is involved.

"The cost of the project will be announced once the consultants submit their report," added the anonymous official.

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