The Maharashtra government has expanded the governing body overseeing the Mumbai Metropolitan Region’s (MMR) economic master plan by adding a new member to the Growth Hub Regulatory Board.

The decision was issued through a Government Resolution by the Planning Department, as part of ongoing efforts to strengthen institutional oversight of the region’s long-term economic development strategy.

The Growth Hub Regulatory Board, originally constituted in September 2024 under the chairmanship of the Chief Minister, is responsible for guiding and monitoring the implementation of the Mumbai Metropolitan Region Economic Master Plan. The initiative is aligned with the broader Growth Hub (G-HUB) framework conceptualized by NITI Aayog to drive targeted economic growth across select regions in India.

As per the latest update, the Minister of State for Urban Development has now been formally included as a member of the board. This amendment modifies the earlier government resolution and expands the representation within the decision-making body.

Officials indicated that the inclusion is aimed at strengthening coordination between planning and urban development functions, which are critical for executing large-scale economic and infrastructure initiatives in the Mumbai Metropolitan Region.

The Growth Hub framework focuses on creating high-impact economic zones by aligning infrastructure, policy support, and investment strategies. For Mumbai, this includes enhancing its role as a financial, commercial, and services hub while improving connectivity, urban infrastructure, and ease of doing business.

The board comprises senior government officials and key stakeholders across departments such as finance, urban development, infrastructure, transport, and industry. Its role includes reviewing project implementation, ensuring inter-departmental coordination, and accelerating decision-making for strategic projects.

The move reflects the state government’s intent to further institutionalize the governance structure for the MMR economic roadmap and ensure smoother execution of growth-oriented policies in one of India’s most critical urban regions.

Also Read: Sales Down 7%, Inventory Above 6 Lakh: Q1 2026 Real Estate Data Raises Red Flags

You May Also Like

Indian warehousing sector witnesses biggest annual gross absorption till date at 57 million sq. ft in 2023

In 2023, for the very first time, Grade A warehousing stocks overtook…

NITCO Limited Sells 4 Acre Land Parcel for Rs 232 Cr to Runwal

NITCO Limited, a prominent player in the tile manufacturing sector, has announced…

Maharashtra Govt Issues Orders to Regularise Pre-2011 Residential Encroachments on Govt Land

In a relief measure for poor families, the Maharashtra government has decided to regularise purely residential encroachments on government land that existed before 1 January 2011. The policy offers free regularization up to 500 sq ft and charges only 10% of market value for additional area up to 1,500 sq ft, with a last date of 31 December 2026 for applications. Mumbai districts are excluded.

₹10 lakh crore debt sanctioned for real estate from 2018-23

The total debt market has a potential of INR 14,00,000 crore (USD…