New township planned by CIDCO in Palghar
Maharashtra Government's body, City and Industrial Development Corporation of Maharashtra (CIDCO), has plans to develop a large industrial township in Palghar. Spread over 126 acres, this township will be a part of the Fourth Mumbai project to be developed in the Palghar-Vadhavan-Boisar region.
As per The Economic Times, the proposed industrial township is expected to be anchored around the upcoming Vadhavan port. CIDCO has already invited bids from real estate developers and companies for long-term leasing of 126.6-acre land parcels in this emerging part of the Mumbai Metropolitan Region (MMR).