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Push for Third Mumbai: Singapore-Based Firm Given Go Ahead to Make Masterplan

  • Writer: Griha Realty
    Griha Realty
  • Jun 7
  • 2 min read
Push for Third Mumbai: Singapore-Based Firm Given Go Ahead to Make Masterplan
Source: The Indian Express

The ambitious Third Mumbai (Mumbai 3.0) project has taken a major step forward after the Maharashtra government approved the appointment of Singapore-based Surbana Jurong Infrastructure Pvt Ltd to prepare the master plan for the proposed mega-city. The project will be developed across approximately 324 sq km covering 124 villages in Raigad district, strategically located near the upcoming Navi Mumbai International Airport and Atal Setu.

What Is Third Mumbai?

Officially known as the Karnala-Sai-Chirner (KSC) New Town, Third Mumbai has been envisioned as a future growth center that will help decongest Mumbai and Navi Mumbai while creating new opportunities for housing, business, logistics, and infrastructure development. The project spans villages across Uran, Panvel, and Pen talukas of Raigad district.


With the Navi Mumbai International Airport, JNPT Port, Atal Setu, metro connectivity, and major transport corridors nearby, the region is expected to emerge as a significant economic hub in the Mumbai Metropolitan Region.

Why Is Surbana Jurong Important?

Surbana Jurong is a globally recognized urban planning and infrastructure consultancy known for designing smart cities and large-scale urban developments. The company will prepare the vision document, master plan, land-use strategy, and infrastructure framework for Mumbai 3.0. Phase 1 of the planning process has been approved at a cost of ₹11.89 crore, while Phase 2 is expected to follow after further approvals.

Impact on Real Estate

Infrastructure-led developments have historically driven property appreciation across the Mumbai Metropolitan Region. With large-scale planning now underway, Third Mumbai is expected to attract residential, commercial, industrial, and logistics investments over the coming years, Push for Third Mumbai: Singapore-Based Firm Given Go Ahead to Make Masterplan.


Areas surrounding Panvel, Uran, Pen, and the Navi Mumbai Airport influence zone could witness increased demand from developers, investors, and homebuyers looking for long-term growth opportunities. Improved connectivity and planned urban infrastructure may further enhance the region's investment potential.

The Road Ahead

Land-use planning and land acquisition processes are already progressing across the project area. Authorities have introduced multiple compensation options for landowners, including monetary compensation, FSI, TDR, and developed land return schemes. The goal is to create a modern, sustainable urban ecosystem capable of supporting future population and economic growth.

Conclusion Push for Third Mumbai: Singapore-Based Firm Given Go Ahead to Make Masterplan

The approval of Surbana Jurong marks a significant milestone for the Third Mumbai project. As Mumbai continues to expand beyond its traditional boundaries, Mumbai 3.0 has the potential to become a world-class urban center featuring advanced infrastructure, business districts, residential communities, and investment opportunities. For the real estate sector, this development represents one of Maharashtra's most promising long-term growth stories.

Published: Griha Realty

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