MMRDA Signs Deal For Raigad-Pen Smart Township
Real Estate

MMRDA Signs Deal For Raigad-Pen Smart Township

The Mumbai Metropolitan Region Development Authority has signed an agreement with Raigad-Pen Growth Centre to develop an integrated township in Maharashtra, signalling a move towards smarter urbanisation in the region. The formal signing was overseen by the Chief Minister, Devendra Fadnavis, at the Sahyadri Guest House in south Mumbai. The arrangement is intended to catalyse planned development in Raigad district and improve strategic connectivity. The initiative is designed to raise living standards and to guide future growth in a structured manner.

Under the terms of the agreement, Raigad-Pen Growth Centre Limited will be developed as a smart city township under an integrated township policy framework. The plan focuses on infrastructure-driven growth and seeks to expand urban amenities in the Pen taluka while aligning transport links to nearby port areas. Authorities envisage the township as a model of coordinated land use, services and sustainable mobility. Planners will integrate utilities, digital infrastructure and green spaces to support long term sustainability.

The vision includes creating a self-reliant township that incorporates social housing to address local needs and to support inclusive development. Planning documents indicate provisions for affordable housing and community facilities integrated with commercial and public spaces. The project priorities emphasise planned urbanisation, resilience and the phased delivery of essential services. Stakeholders plan phased investments and community engagement to ensure equitable access to services across the township.

Officials have set out implementation mechanisms to coordinate between state agencies, the municipal authority and the growth centre to expedite approvals and infrastructure rollout. The development is expected to widen economic opportunities in the region by attracting investment in services, logistics and supporting sectors. Publications noted that the announcement reflected a broader policy push for urban transformation in Maharashtra and the work will progress with inputs from agencies. Project timelines will be monitored against clear milestones.

The Mumbai Metropolitan Region Development Authority has signed an agreement with Raigad-Pen Growth Centre to develop an integrated township in Maharashtra, signalling a move towards smarter urbanisation in the region. The formal signing was overseen by the Chief Minister, Devendra Fadnavis, at the Sahyadri Guest House in south Mumbai. The arrangement is intended to catalyse planned development in Raigad district and improve strategic connectivity. The initiative is designed to raise living standards and to guide future growth in a structured manner. Under the terms of the agreement, Raigad-Pen Growth Centre Limited will be developed as a smart city township under an integrated township policy framework. The plan focuses on infrastructure-driven growth and seeks to expand urban amenities in the Pen taluka while aligning transport links to nearby port areas. Authorities envisage the township as a model of coordinated land use, services and sustainable mobility. Planners will integrate utilities, digital infrastructure and green spaces to support long term sustainability. The vision includes creating a self-reliant township that incorporates social housing to address local needs and to support inclusive development. Planning documents indicate provisions for affordable housing and community facilities integrated with commercial and public spaces. The project priorities emphasise planned urbanisation, resilience and the phased delivery of essential services. Stakeholders plan phased investments and community engagement to ensure equitable access to services across the township. Officials have set out implementation mechanisms to coordinate between state agencies, the municipal authority and the growth centre to expedite approvals and infrastructure rollout. The development is expected to widen economic opportunities in the region by attracting investment in services, logistics and supporting sectors. Publications noted that the announcement reflected a broader policy push for urban transformation in Maharashtra and the work will progress with inputs from agencies. Project timelines will be monitored against clear milestones.

Next Story
Real Estate

AIDO Launches Smart Hotel Lock for Hospitality Spaces

AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

Next Story
Real Estate

Häfele Unveils Zenith Digital Lock

Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

Next Story
Infrastructure Urban

KBL Revenue Rises 11 Per Cent in Q4 FY26

Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement