SPV Formation: ‘Raigad Pen Growth Centre Ltd.’ formed in March 2023.
MMRDA issued letter to 14 Global Investors, Invitation to Participate & Explore Investment Opportunities in India’s Upcoming Premier Sustainable Growth Centre Development Opportunity in Mumbai Metropolitan Region.
MMRDA has issued letters to ACS(Revenue), GoM with CC to ACS UDD requesting for 100% exemption in Stamp Duty in Registration of lands in the name of Raigad Pen Growth Centre Ltd (Special Purpose Vehicle).
Master plan prepared by Surbana Jurong under review by MMRDA.