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August 2026

Inside Mumbai 3.0: How a New Greenfield City in Raigad Could Reshape MMR Property Markets

MMRDA has appointed Singapore-based Surbana Jurong to design the master plan for Mumbai 3.0 — officially the Karnala-Sai-Chirner New Town, a proposed 323 sq km greenfield city near the Mumbai Trans Harbour Link and Navi Mumbai International Airport. It's a genuine, government-backed planning milestone, but not a finished blueprint or a guarantee of price appreciation. Here's what's confirmed, what's still speculation, and what it could mean for buyers and investors across the Mumbai Metropolitan Region.