The Maharashtra Cabinet has approved a new land acquisition and allotment policy to advance the proposed “Third Mumbai” project in the influence area of the Mumbai Trans Harbour Link, also known as Atal Setu. The move is intended to accelerate urban expansion and attract fresh investment across the Mumbai Metropolitan Region (MMR).
The policy will be implemented by the New Town Development Authority, along with the Mumbai Metropolitan Region Development Authority for projects located within the Atal Setu impact zone. Authorities expect the framework to streamline land procurement and project execution in the fast-developing corridor.
According to the government, the initiative is designed to promote planned urbanisation, support industrial growth, and enable the development of logistics hubs, housing projects, commercial centres, and key infrastructure. With connectivity improving due to the sea bridge, officials believe the surrounding areas are poised for structured growth.
The approved policy provides two routes for land acquisition. Land can be secured through mutual consent under the Maharashtra Regional and Town Planning Act. Alternatively, acquisition may proceed through compensation mechanisms outlined in the Right to Fair Compensation and Transparency in Land Acquisition Act, 2013. The dual approach is expected to offer flexibility while ensuring compliance with existing legal provisions.
Chief Minister Devendra Fadnavis, who chaired the Cabinet meeting, emphasised that the decision would provide a clear framework for the project’s execution. The government views the Third Mumbai initiative as a step toward managing rapid urban growth in the MMR and distributing development beyond the existing city limits.
Source: Construction Week
