The Maharashtra government approves “Third Mumbai,” a new city designed to stimulate the economy

The government of Maharashtra has completed a plan to create a new metropolis called “Third Mumbai.” Better housing, transportation, and infrastructure are intended to be provided for Mumbai’s expanding population.

According to a Hindustan Times story, this new city is intended to be developed around the Navi Mumbai International Airport, which would be connected to Mumbai by the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, popularly known as the Mumbai Trans Harbour Link (MTHL).

According to officials in the state administration, the initiative received the go-ahead last week.

The mandate for altering the remote areas of the Mumbai Metropolitan Region (MMR), for which the New Town Development Authority (NTDA) was established, is probably going to be sent to the Mumbai Metropolitan Region Development Authority (MMRDA). This new entity will include portions of Ulwe, Pen, Panvel, Uran, Karjat, and the neighboring areas within a 323 square kilometer area.

Furthermore, it is anticipated that around 200 villages—including 80–90 villages within the Navi Mumbai Airport Influence Notified Area (NAINA)—will be included in the NTDA.

We’re referring to it as the “Third Mumbai,” and it will be equipped with every facility a modern metropolis needs. It will feature everything from business complexes, data centers, big knowledge parks, and financial firms to residential areas that are both luxurious and reasonably priced. There will also be strong public transit constructed there, a government official was reported by HT as adding.

It has been suggested that the new metropolis would increase economic activity and raise the GDP of the country. The development of a second BKC in Kharghar is planned. It is anticipated that around 150 hectares of land would be available for development into a fully commercial region that would attract MNCs and Indian businesses alike, the source said.

According to sources, the MMRDA and NITI Aayog, India’s planning body, are collaborating to take measures that would raise Mumbai’s GDP from its present $140 billion to $300 billion by 2030, with Third Mumbai playing a significant role in this process.

Meanwhile, a debate hosted by the MMRDA last month covered the need to develop more regions around Mumbai for commercial and economic activity.

“MMRDA should concentrate on the MMR instead of only developing Mumbai’s public infrastructure. Suburban local rail crowds won’t lessen until MMR is developed with residential and commercial areas. Mumbai Mobility Forum member AV Shenoy was reported by HT as stating.