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MMRDA Gains 216 Acres in Raigad for Mumbai 3.0 Project

Representative image The Mumbai Metropolitan Region Development Authority (MMRDA) has commenced the Mumbai 3.0 project, successfully aggregating 216 acres in the Raigad district and formally adopting a shareholders’ agreement to transition into the execution phase. This land acquisition is targeted in the Raigad Pen growth corridor, where the New Town Development Area for Mumbai 3.0 is being envisioned. This marks a significant milestone under MMRDA’s participatory land acquisition framework, which has garnered enthusiastic support from local landowners. “Mumbai 3.0 signifies a transformative era in urban planning, centered on community involvement. Through this model, we aim to foster trust and facilitate…