Survey for Third Mumbai Development to Begin in Early 2025
Real Estate

Survey for Third Mumbai Development to Begin in Early 2025

The development of the Karnala-Sai-Chirner New Town (KSC New Town), also known as "Third Mumbai," is set to progress with surveys commencing in 2025. Situated in Raigad, the project aims to enhance connectivity, reduce travel time between Mumbai and Navi Mumbai, and establish a hub for technology and data centres. Notably, 65% of the nation’s data centres are projected to be housed in this area. The Mumbai Metropolitan Region Development Authority (MMRDA) has invited private firms to conduct aerial surveys and ground studies across 124 villages, covering 323.44 sq km. Nearly half of the surveyed area comprises hills, forests, and agricultural land. The surveys will employ drone-based assessments, LiDAR technology, and other advanced methodologies. A consultant will be appointed to oversee aerial surveys, ground verification, and the collection of land ownership data, culminating in the creation of a GIS-based map. Additionally, a private firm will be engaged to draft a vision document, master plan, and detailed development strategy for KSC New Town, with the master plan expected by August 2026. Initial surveys are anticipated to take six to eight months. The project is a key component of Maharashtra's plan to elevate the Mumbai Metropolitan Region’s GDP to $300 billion by 2029, aligning with NITI Aayog’s vision for India's growth. The MMRDA's collaboration with the World Economic Forum, formalised through a September MoU, underscores the region's economic ambitions. The foundation for Third Mumbai was initially laid out in 2013, with this development marking a significant step forward. (Hindustan Times)

The development of the Karnala-Sai-Chirner New Town (KSC New Town), also known as Third Mumbai, is set to progress with surveys commencing in 2025. Situated in Raigad, the project aims to enhance connectivity, reduce travel time between Mumbai and Navi Mumbai, and establish a hub for technology and data centres. Notably, 65% of the nation’s data centres are projected to be housed in this area. The Mumbai Metropolitan Region Development Authority (MMRDA) has invited private firms to conduct aerial surveys and ground studies across 124 villages, covering 323.44 sq km. Nearly half of the surveyed area comprises hills, forests, and agricultural land. The surveys will employ drone-based assessments, LiDAR technology, and other advanced methodologies. A consultant will be appointed to oversee aerial surveys, ground verification, and the collection of land ownership data, culminating in the creation of a GIS-based map. Additionally, a private firm will be engaged to draft a vision document, master plan, and detailed development strategy for KSC New Town, with the master plan expected by August 2026. Initial surveys are anticipated to take six to eight months. The project is a key component of Maharashtra's plan to elevate the Mumbai Metropolitan Region’s GDP to $300 billion by 2029, aligning with NITI Aayog’s vision for India's growth. The MMRDA's collaboration with the World Economic Forum, formalised through a September MoU, underscores the region's economic ambitions. The foundation for Third Mumbai was initially laid out in 2013, with this development marking a significant step forward. (Hindustan Times)

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement