Maharashtra government appoints MMRDA as development authority

22 Oct 2024 CW Team

As per the GR, MMRDA is now responsible for preparing and publishing detailed Planning Proposals and Development Control & Promotion Regulations for the designated ‘Notified Area.' The authority has also been granted the power to acquire land within this notified area and has been instructed to make necessary budgetary provisions for the land acquisition process.

The Third Mumbai primarily includes areas falling within the influence zone of the recently inaugurated MTHL. Given the significant potential of this project to boost economic development, the state govt aims to capitalise on the expected benefits that will arise from the MTHL.

On Dec 12, MMRDA was formally appointed as the NTDA for a 334 sq km area within the MTHL influence zone. With the latest GR, MMRDA can now take concrete steps to set the wheels in motion for developing this new city.

The Third Mumbai spans 324 sq km and consists of 124 villages. Of these, 80 villages fall under the Navi Mumbai Airport Influence Notified Area (NAINA), 33 under the Khopta New Town Notified Area, 2 under the Mumbai Metropolitan Regional Plan, and 9 under the Raigad Regional Plan.

MMRDA envisions the development of this area as a sustainable, livable, greenfield business hub. The new city will feature smart city amenities, mixed-use spaces, and integrated residential areas, all aimed at fostering job creation and economic growth in the Mumbai Metropolitan Region (MMR).

Though MMRDA faces financial constraints, it plans to follow the Cidco model for funding, where developed land is offered as compensation instead of direct monetary settlements. Significant investments are planned by MMRDA to enhance existing infrastructure and create new developments in the region.

In one of its final Government Resolutions (GR), issued on Oct 15—the day the code of conduct was enforced—the state govt appointed the Mumbai Metropolitan Region Development Authority (MMRDA) as the New Town Development Authority (NTDA) for the proposed ‘Third Mumbai.' This area encompasses the Navi Mumbai end of the Mumbai Trans Harbour Link (MTHL). As per the GR, MMRDA is now responsible for preparing and publishing detailed Planning Proposals and Development Control & Promotion Regulations for the designated ‘Notified Area.' The authority has also been granted the power to acquire land within this notified area and has been instructed to make necessary budgetary provisions for the land acquisition process. The Third Mumbai primarily includes areas falling within the influence zone of the recently inaugurated MTHL. Given the significant potential of this project to boost economic development, the state govt aims to capitalise on the expected benefits that will arise from the MTHL. On Dec 12, MMRDA was formally appointed as the NTDA for a 334 sq km area within the MTHL influence zone. With the latest GR, MMRDA can now take concrete steps to set the wheels in motion for developing this new city. The Third Mumbai spans 324 sq km and consists of 124 villages. Of these, 80 villages fall under the Navi Mumbai Airport Influence Notified Area (NAINA), 33 under the Khopta New Town Notified Area, 2 under the Mumbai Metropolitan Regional Plan, and 9 under the Raigad Regional Plan. MMRDA envisions the development of this area as a sustainable, livable, greenfield business hub. The new city will feature smart city amenities, mixed-use spaces, and integrated residential areas, all aimed at fostering job creation and economic growth in the Mumbai Metropolitan Region (MMR). Though MMRDA faces financial constraints, it plans to follow the Cidco model for funding, where developed land is offered as compensation instead of direct monetary settlements. Significant investments are planned by MMRDA to enhance existing infrastructure and create new developments in the region.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..