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

🏬 India’s Retail REIT Boom: ₹60,000–80,000 Cr Market Potential by 2030 — Malls Are the Next Big Asset Class

India’s retail REIT market is on the brink of a ₹60,000–80,000 crore boom by 2030, with malls, Tier-II cities, and top developers driving a new era of structured retail investment.

Kingfisher Airlines Employees to Receive ₹311.67 Crore as ED Facilitates Long-Pending Dues

The Enforcement Directorate has facilitated the payment of ₹311.67 crore towards long-pending dues of former Kingfisher Airlines employees, following a DRT Chennai order releasing funds from PMLA-attached assets linked to Vijay Mallya.

Mumbai Real Estate Holds Strong: 14,098 Property Registrations in April 2026 Signal Sustained Demand Despite March Peak

Mumbai’s property market remains resilient in 2026, with over 14,000 registrations in April and consistent stamp duty collections, highlighting strong end-user demand and market stability.

New Builder Must Pay Interest From 2020 Despite Taking Over the Project Only in 2023: MahaRERA

MahaRERA Rules New Promoter Liable for Delay Interest From 2020 Even After…