propnewstime.com-Third Mumbai: MMRDA appointed to lead development, paving the way for new urban hub
In a significant move earlier this month, coinciding with the enforcement of the code of conduct, the state government has appointed the Mumbai Metropolitan Region Development Authority (MMRDA) as the New Town Development Authority (NTDA) for the proposed 'Third Mumbai.' This initiative focuses on the area surrounding the Navi Mumbai end of the Mumbai Trans Harbour Link (MTHL), marking a pivotal step in urban development.
According to the recent Government Resolution (GR), the MMRDA is now responsible for preparing and publishing detailed Planning Proposals and Development Control and Promotion Regulations for the designated 'Notified Area.' The authority has also been empowered to acquire land within this area, with directives to allocate the necessary budgetary provisions for the land acquisition process. This strategic move aims to position the Third Mumbai as a catalyst for economic growth, harnessing the anticipated benefits from the newly inaugurated MTHL.
