Fadnavis sanctions Business District for Thane on lines of BKC

Close on the heels of the plush Bandra-Kurla Complex (BKC) in Mumbai, the Maharashtra government has decided to set up a Central Business District (CBD) in Thane.

In an official release here, Guardian Minister of Thane Eknath Shinde said that following persistent demands by elected representatives of Thane to undertake various development projects in the district on priority, Chief Minister Devendra Fadnavis was urged to sanction one more business district in the MMR region.

At a joint meeting held in the Shyadri Guest house yesterday under the leadership of Fadnavis, the decision to go in for the new business district for Thane district was taken the release said.

Mumbai faces heavy population growth and basic amenities there are under extreme pressure it was stated. Similarly due to geographical conditions there is no more expansion possible in Mumbai. Hence the demand for one business district in Thane grew louder.

Shinde and MLAs Sanjay Kelkar and Jitendra Awhad reiterated the urgent need for a business district in the meeting which was supported by the CM, who made it clear that the state government would take positive steps towards the same.

The CBD is to be set up on a 72 acre land at Kalwa-Kharigaon and the place will be developed taking into confidence the local elected representatives it was stated.

The setting up of this business district will decentralise the population and also help generate employment, Shinde said.