MMRDA plans new town along Navi Mumbai's Harbour for economic growth

27 Sep 2023 CW Team

The Mumbai Metropolitan Regional Development Authority (MMRDA) had unveiled an ambitious plan to develop a 350-square-kilometer settlement along the city's harbor, sparking excitement among developers in Navi Mumbai. They viewed the project as a potential game-changer for the real estate sector in the city, with the potential to drive the economy for the next couple of decades.

As significant infrastructure projects such as the Mumbai-Trans Harbour Link (MTHL) and Navi Mumbai International Airport (NMIA) approached completion, it was expected that Navi Mumbai would become easily accessible from Mumbai and other parts of the country.

Haresh Chheda, the immediate past president of the Builders Association of Navi Mumbai (BANM), mentioned that the proposed new town would distinguish itself from others. He stated that the new town would initially focus on developing infrastructure, with housing projects following subsequently. Chheda further explained that due to the project's location along the coastal area, with one side facing the sea and the other facing a creek, it was poised to become another sought-after area in Mumbai.

Although MMRDA had not disclosed specific details of the plan, it was gathered that the new town would be situated in the vicinity of MTHL. An official from MMRDA commented, "The MTHL is landing near Chirle village, and in the years to come, we will witness significant infrastructure development in the area."

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..