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For sustainable urban development, the Maharashtra state government has given the green light to the ambitious 'Third Mumbai' project. This new city initiative aims to ease the strain on Mumbai's existing infrastructure and contribute to the economic growth of the Mumbai Metropolitan Region (MMR).
Mumbai, a financial hub for over a century, has witnessed substantial expansion efforts, with Navi Mumbai being developed to alleviate the burden on the city's infrastructure. Now, with the approval for 'Third Mumbai,' the government seeks to further enhance the capabilities of the MMR to compete with other Indian cities.
Key Details of the 'Third Mumbai' Project:
1. Strategic Location:
The proposed city will be built around the Navi Mumbai International Airport and connected to Mumbai via the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, also known as the Mumbai Trans Harbour Link (MTHL).
2. Focus Areas:
'Third Mumbai' is expected to prioritize housing, catering to both luxury and affordable segments. Additionally, the project emphasizes improved infrastructure and aims to establish an Information Technology hub in proximity to Mumbai.
3. Government Vision:
Maharashtra Deputy Chief Minister Devendra Fadnavis and state government officials have been actively promoting the concept for a year. The vision for 'Third Mumbai' includes residential and commercial complexes, data centers, hubs for multinational corporations (MNCs) and banks, financial companies, and large knowledge parks.
4. Economic Boost:
The city is envisioned to boost economic activity and contribute significantly to the country's GDP. Plans include the development of a second Bandra Kurla Complex (BKC) in Kharghar, offering around 150 hectares of land for a commercial area that would attract both Indian companies and MNCs.
5. Transport Infrastructure:
To enhance connectivity, a new Panvel-Karjat suburban rail corridor is planned at a cost of ₹812 crore. The Mumbai Rail Vikas Corporation is overseeing the project, targeting completion by December 2025.
6. Collaborative Efforts:
The decision for 'Third Mumbai' follows discussions between the Mumbai Metropolitan Region Development Authority (MMRDA) and NITI Aayog to collaborate and boost Mumbai's GDP from $140 billion to $300 billion by 2030.
7. Strategic Expansion:
Recognizing the need for newer areas around Mumbai for economic and commercial activities, the MMRDA discussed potential areas for development last month. Currently, Mumbai covers approximately 600 sq. km, Navi Mumbai 344 sq. km, and NAINA 370 sq. km, encompassing 174 villages.
This significant development aligns with the state's broader vision for sustainable urbanization and economic growth. 'Third Mumbai' is poised to become a pivotal player in shaping the future landscape of the Mumbai Metropolitan Region."
