The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated the land acquisition process for the Third Mumbai project, officially known as the Karnala-Sai-Chirner (KSC) New Town, which spans 323.44 square meters across 124 villages in Uran, Panvel, and Pen tehsils, located in Raigad district, Maharashtra. Landowners are encouraged to submit their consent online starting April 27, with various compensation options available, including monetary compensation under the Maharashtra Regional Planning and Town Planning Act, 1966, Floor Space Index (FSI), or Transferable Development Rights (TDR). The project aims to create a vibrant urban hub that will attract businesses and investments, leveraging its proximity to the Navi Mumbai International Airport and the Mumbai Trans Harbour Link. MMRDA plans to develop mixed-use neighborhoods that include both luxury and affordable housing, emphasizing transit-oriented development. Sanjay Mukherjee, the Metropolitan Commissioner of MMRDA, highlighted the importance of participatory development, stating that the project is designed to empower landowners to make informed decisions that align with their aspirations. The initiative is also committed to avoiding any impact on mangroves, forests, and Coastal Regulation Zone areas.