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flag Maharashtra launches 575-km² Mumbai expansion project to draw $180B in investment, create jobs, and ease congestion.

flag Maharashtra Chief Minister Devendra Fadnavis announced the Third Mumbai project, a 575-square-kilometer urban development near Navi Mumbai’s new airport, aiming to attract Rs 15 lakh crore in investments. flag The project includes specialized zones for education, healthcare, innovation, data centers, and corporate hubs, with 60% of India’s new data center capacity planned for the region. flag Land acquisition will use CIDCO’s 40:60 model, offering landowners 40% of developed plots, while infrastructure like metro links, highways, and three new dams will support long-term growth. flag The initiative, part of broader regional expansion including a GCC corridor and plans for a Fourth Mumbai near Vadhavan Port, seeks to ease Mumbai’s congestion and boost job creation, though exact employment figures remain unconfirmed.

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