State Clears Land Policy For Third Mumbai And Approves Purandar Loan
ECONOMY & POLICY

State Clears Land Policy For Third Mumbai And Approves Purandar Loan

The state cabinet approved a comprehensive land acquisition and allotment policy for the proposed Third Mumbai in the Atal Setu influence zone, to be implemented by the NavNagar Development Authority and the Mumbai Metropolitan Region Development Authority. Land acquisition will proceed through mutual agreement under the Maharashtra Regional and Town Planning Act, 1966, or under the land acquisition law of 2013, and compensation will be provided through cash, floor space index or transferable development rights. The policy is intended to streamline land assembly for urban development and infrastructure projects linked to the new harbour link. The cabinet approved mechanisms to ensure clarity on entitlements and processes.

A 22.5 per cent developed land return scheme will be implemented, and if the returnable plot measures less than 40 sq m compensation will be paid in cash. A pass-through policy for undeveloped land will require landholders to bear acquisition costs, registration charges and a 15 per cent administrative charge payable to the Mumbai Metropolitan Region Development Authority. Land will be allotted on an as-is-where-is basis and any additional compensation awarded later will be recovered from the allottee. The policy also stipulates that sale of undeveloped land will not be permitted.

To attract foreign direct investment, the cabinet directed that industries bringing in FDI will get priority in land allotment, with a minimum acquisition of 100 acres. Each 100 acres must be backed by at least Rs 2.5 billion (bn) in investment within four years and up to 25 per cent of the developed area may be used for FDI linked activity. The Mumbai Metropolitan Region Development Authority has been instructed to frame detailed allotment rules and a revenue model to operationalise these provisions. The policy aims to balance industrial attraction with planned urban growth.

The cabinet approved transfer of 12.76 hectares for a Kolhapur cricket stadium and loan of Rs 60 billion (bn) for Purandar airport. An amendment to the Maharashtra Land Revenue Code will allow email notices for revenue hearings, which the government expects to speed up nearly 12,000 pending land matters.

The state cabinet approved a comprehensive land acquisition and allotment policy for the proposed Third Mumbai in the Atal Setu influence zone, to be implemented by the NavNagar Development Authority and the Mumbai Metropolitan Region Development Authority. Land acquisition will proceed through mutual agreement under the Maharashtra Regional and Town Planning Act, 1966, or under the land acquisition law of 2013, and compensation will be provided through cash, floor space index or transferable development rights. The policy is intended to streamline land assembly for urban development and infrastructure projects linked to the new harbour link. The cabinet approved mechanisms to ensure clarity on entitlements and processes. A 22.5 per cent developed land return scheme will be implemented, and if the returnable plot measures less than 40 sq m compensation will be paid in cash. A pass-through policy for undeveloped land will require landholders to bear acquisition costs, registration charges and a 15 per cent administrative charge payable to the Mumbai Metropolitan Region Development Authority. Land will be allotted on an as-is-where-is basis and any additional compensation awarded later will be recovered from the allottee. The policy also stipulates that sale of undeveloped land will not be permitted. To attract foreign direct investment, the cabinet directed that industries bringing in FDI will get priority in land allotment, with a minimum acquisition of 100 acres. Each 100 acres must be backed by at least Rs 2.5 billion (bn) in investment within four years and up to 25 per cent of the developed area may be used for FDI linked activity. The Mumbai Metropolitan Region Development Authority has been instructed to frame detailed allotment rules and a revenue model to operationalise these provisions. The policy aims to balance industrial attraction with planned urban growth. The cabinet approved transfer of 12.76 hectares for a Kolhapur cricket stadium and loan of Rs 60 billion (bn) for Purandar airport. An amendment to the Maharashtra Land Revenue Code will allow email notices for revenue hearings, which the government expects to speed up nearly 12,000 pending land matters.

Next Story
Real Estate

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Next Story
Infrastructure Urban

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Next Story
Infrastructure Transport

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement