Mumbai set to get third business hub

After Nariman Point and Bandra Kurla Complex, Mumbai may get a third business district at Vikhroli in the eastern suburb.

A proposal regarding this has been prepared by the Mumbai Metropolitan RegionDevelopment Authority (MMRDA). The state government is expected to approve it soon.

"An industrial exhibition centre, the first of its kind, is being planned at Vikhroli. The proposal is with the Cabinet, which is expected to give it's nod in three to four months," said Sanjay Ubale, secretary, special projects.

The business district will be spread over 100 acres, he added. He was speaking at a seminar, "Maharashtra Vision: 2010 -Action and Strategies," organised by the Maharashtra Economic Development Council (MEDC).

Elaborating the plan on the sidelines of the seminar, Ubale said, "This district will be much smaller compared with the BKC, which is spread over 350 acres."

The main feature of the business district will be an industrial exhibition centre. Mumbai doesn't have such a centre at present.