The state government has shortlisted 10 economic growth centers in the Mumbai Metropolitan Region (MMR), which will be developed on private land.
The idea is to give push to the extended area of MMR by proposing various industrial and economic activities in order to decentralise the economic activities from the core of MMR to its peripheries, officials said. Boisar, Palghar, Manor, Mahapoli, Padgha, Titwala, Badlapur, Vangani, Khalapur & Karjat, Pen, Khar and Alibaug are identified for 10 economic growth centers.
Large portions of private land – spread over more than 200 hectares – in these areas will be developed as growth centers on a public-private-partnership model.
Half of the said land will be allotted to private entities to set up businesses while the remaining half will be with the private developer to be used by them for commercial or residential use.
The state government will create the necessary infrastructure to facilitate the growth of these centres.
According to the presentation made in front of Chief Minister Eknath Shinde and deputy Chief Minister Devendra Fadnavis, there will be no use-restriction on such plots.
The private land holder will get full Floor Space Index (FSI) for remaining 50 per cent land where commercial development can take place.
The revenue thus generated can be utilised by Mumbai Metropolitan Region Development Authority (MMRDA) to bear the investment cost for infrastructure projects, which will make these proposals financially feasible.
With a total area of 2,013 square kilometers, Palghar and Alibaug have been identified as development potential areas of extended MMR as inbound and outbound traffic of the region would first get in contact with these settlements.
For this, the government has also proposed the preparation of a detailed Development Plan (DP) for these towns.Nagpur-Mumbai Samruddhi highway, Coastal highway (Alibaug to Panjim) and Konkan Expressway would increase the inbound and outbound traffic flow significantly.