Top News

With a ₹4,000 crore budget, this project will boost development in the Karnala-Sai-Chirner region and open doors for foreign investors:
up to 25% of the developed area may be allotted for FDI projects; eligible investors must acquire a minimum of 100 acres and invest at least ₹250 crore per 100 acres within 4 years, excluding land cost.
Industries get some flexibility too: the cost of land acquisition, compensation and infrastructure development will be recovered from industry allottees in installments, with a 15% establishment charge levied by MMRDA.
A high-level committee will keep things on track, aiming to attract global investment and create more space for everyone.