Dinesh Kamath's Editorial 'Navi Mumbai is on the right track' that was published in Newsband

Navi Mumbai is on the right track

Civic project of conducting a survey of properties in the city using Lidar-based technology was finally approved by the general body of Navi Mumbai Municipal Corporation on Friday. The high-tech survey would cost NMMC around Rs 20 crore.

The civic conservancy staff will also be paid wages as per Minimum Wages Act. The 2,646 conservancy workers employed by NMMC will now be paid Rs 25,000.

Talking about project one can’t help but agree that Navi Mumbai is a beautiful planned city. The development plan for Navi Mumbai envisages planning and development of various nodes or townships. The major job centres are planned at a number of locations taking into account the existing and future proximity of infrastructure, availability of port, natural gas etc.

The International Infotech Park (IIP) at Vashi, the Technology Centre at Belapur, and the Millennium Business Park at Mhape and the IT Hardware Park at Dronagiri offer tremendous potential for business related to computer hardware and software. Offices are available in these buildings for setting up Business in information technology, electronics, telecommunication and related industry. The best about this is that a single window clearance has been provided in the IIP to take care of all government formalities. Reliance Industries Ltd has set up biggest IT park and telecommunication centre in TBIA area. Reliance Industries Ltd is also on its way to set up three more SEZ in the vicinity of Navi Mumbai. Navi Mumbai is on the right track for becoming the Silicon Valley of India.

A host of unique projects are on the anvil, such as the Multiplex and Family Entertainment Complex, International Exhibition Centre, Amusement Park, Golf Course, International IT Hardware Park and the like of it are expected to put-up Navi Mumbai on to the world map.

The Maharashtra Government has offered following incentives to the Corporates taking up offices in these parks: Property transactions within the Parks shall be exempted from Stamp Duty with Registration Charges subjected to a maximum of Rs.1000. Electricity Duty has been waived. If Octroi has been levied it shall be refunded. Sales Tax @ 2% only shall only be levied on Computer Hardware Products. The IT Hardware Park at Dronagiri has been awarded with all those additional incentives, which are offered to industrially backward areas.