Raigad Pen Growth Centre
Investment Zones
In & Around Raigad Pen Growth Centre
T1 to T4 Locations
This location falls under KSC in Pen Taluka and is planned as an integrated industrial area spanning approximately 1,200 acres. It is envisioned as a cluster of five locations, being developed into a smart city with both employment opportunities and residential developments within the premises.
Pen Taluka
A total of 124 villages have been selected under Pen Taluka as part of KSC. These locations fall below the Uran belt and are currently more affordable compared to Uran. Key locations include Washi, Dadar, Sonkhar, Urnoli, Masad Khurd, Hamrapur, and more.
Uran Taluka
Plot opportunities are available across 29 villages in Uran Taluka. These include a wide range of options such as R-Zone plots, warehousing plots, farmhouse plots, industrial plots, and more. These locations include Khopte, Jui, Vindhane, Sarde, Vasheni, Aware, Punade and more.
Panvel Taluka
A total of 7 villages from Panvel Taluka have been selected under KSC, including Kelavne, Dighate, Sai, Karnala, and others. The primary investment opportunities in these locations are R-Zone plots and plots suitable for warehousing and logistics.
News & Reports
Raigad Pen Growth Centre in Maharashtra (CM Davos Video)
Raigad–Pen is emerging as a new growth centre, poised to attract significant new investments in Maharashtra.
The growth centre will be located 15-20 km from the Navi Mumbai International Airport, which was inaugurated on December 25, 2025. Permissions for the project were being obtained over the last three to four years and, with those approvals in place, the first city of the Third Mumbai is being announced, Fadnavis said.
CM Devendra Fadnavis announced on Wednesday in Davos the establishment of a new business district at Raigad-Pen on the lines of Bandra-Kurla Complex (BKC), calling it the first city in the planned Third Mumbai region
The third Mumbai will be bigger than the present financial capital of India in Maharashtra. It has immense potential to develop and emerge as the growth centre, complete with educational and medical hubs, he explained. Saying, “ The Raigad-Pen Growth Centre would become the first city in the third Mumbai.”
Regions
From plots to the vibrant cityscape of Mumbai 3.0.
NAINA
NAINA by CIDCO
The Navi Mumbai Airport Influence Notified Area (NAINA) is situated near Panvel and the eastern section of the Navi Mumbai International Airport. The plots in NAINA are predominantly designated for residential use, with allotted plots allowing a Floor Space Index (FSI) ranging from 1.70 to 2.5...
Karnala Sai Chirner (NAINA)
MMRDA
Karnala Sai Chirner (KSC) is the official name for the ambitious urban development concept known as Third Mumbai. This expansive project encompasses various zones including Residential, Warehousing, Industrial, IT Parks, Edu City, and more. The development spans approximately 323-324 square...
Mumbai Pune Growth Corridor
MSRDC
The Mumbai Pune Growth Corridor primarily comprises Residential Zones, Central Business Districts (CBD), Commercial Zones, Industrial Zones, and more. This development is strategically planned alongside the historic Mumbai-Pune Old Highway as well as the Mumbai-Pune Expressway, facilitating seamless...