Mumbai is preparing for a major shift in its urban and economic landscape with plans to build a “Third Mumbai” in neighbouring Raigad district. The ambitious project aims to ease the burden on the existing metropolitan region while creating a sustainable hub for global investment, innovation and advanced research. Designed with a focus on technology, connectivity and eco-friendly growth, the new city is expected to play a defining role in shaping Maharashtra’s future economy.
Officials explained that the project would anchor itself on world-class institutions, medical colleges, advanced research hubs and centres for cutting-edge technologies such as artificial intelligence and quantum computing. The aim is to position the new city as an engine of knowledge, global finance and green infrastructure, ensuring it complements the existing metropolitan economy rather than merely expanding its sprawl.The blueprint includes eco-friendly design principles with an emphasis on low-carbon mobility and resilient infrastructure.
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According to experts, the integration of renewable energy sources, water-efficient planning and equitable housing provisions will be essential if the vision of a sustainable city is to be realised. “This is an opportunity to build not just another extension of Mumbai, but a truly future-ready and inclusive metropolis,” said an official involved in the planning.Connectivity is central to the plan. The upcoming Coastal Road, the Atal Setu sea bridge and the Worli-Sewri Link Road are designed to create seamless transport between the new urban centre and Mumbai. Improved public transit and sustainable mobility are being prioritised to prevent the car-dependent congestion that has long plagued the metropolitan region.
The project will also depend on strong private sector participation. Authorities have assured that necessary clearances for investors will be fast-tracked and regulatory bottlenecks reduced. The state has consistently highlighted its investor-friendly credentials, with global firms already deepening their presence in the region. Financial institutions and multinational corporations have expanded their operations in Mumbai, reinforcing the city’s role as India’s financial capital.Urban experts believe that Third Mumbai could redefine the region’s economic geography if it integrates climate resilience and equitable planning. “Cities today cannot afford to repeat past mistakes of unequal growth and unchecked expansion. The real success of Third Mumbai will depend on balancing prosperity with sustainability and inclusivity,” observed a leading urban planner.With infrastructure projects underway and global investment interest rising, Maharashtra is betting big on this new city to cement Mumbai’s position among the world’s leading hubs for finance, technology and innovation. For residents, the promise lies in a city designed to be not just bigger, but fairer, greener and better connected.
Mumbai to get Third city in Raigad boosting growth and innovation
