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Reliance Realty's smart fintech centre in Navi Mumbai gets state govt nod


will develop Maharashtra's first and largest smart fintech centre in Mumbai, the company announced on Monday.

The Department of Information Technology, Government of and the Industrial Development Corporation (MIDC) have granted approval to for development of the smart fintech centre at its Dhirubhai Ambani Knowledge City in Mumbai, under the new fintech policy.

Reliance Realty's Dhirubhai Ambani Knowledge City, which is spread across over 132 acres, will have a total saleable/leasable area of over 30 million square feet of Reliance Realty's saleable area post development will be double the size of the existing commercial area of

"is best positioned to capture the growing demand for fintech, banking, financial services, insurance, NBFC, IT and ITES and knowledge sectors over a period of next 20 years and beyond," the company said in a statement.

Reliance Realty, a wholly-owned subsidiary of Reliance Communications, has already started major infrastructure development initiative in this regard.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 13:44 IST