The Maharashtra government has formally approved a Singapore-based firm to create the masterplan for 'Third Mumbai', a massive new planned city in Raigad district. This is a major infrastructure push focused on leveraging the new Navi Mumbai International Airport and Atal Setu, with significant implications for urban planning and regional development.
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- ›Project Name: Karnala-Sai-Chirner (KSC) New Town (Third Mumbai)
- ›Total Area: 323.44 sq km (approx. 324 sq km)
- ›Target this Data: 323.44 sq km (area) and ₹11.89 crore (Phase 1 cost).
- ›Target this Nodal Body: Mumbai Metropolitan Region Development Authority (MMRDA) and Maharashtra's Urban Development Department.
- ›Target this Legal Point: Compensation models for land acquisition (monetary, FSRI/TDR, 22.5% developed land).
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