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Navi Mumbai’s Industrial Cluster Is Changing Into India’s Newest IT Hub

Lured by tax incentives, developers are turning Navi Mumbai into an IT hub.

One of the IT parks along The Thane-Belapur Road (Source: BloombergQuint).
One of the IT parks along The Thane-Belapur Road (Source: BloombergQuint).
In Navi Mumbai, a developer has pulled down old construction at an industrial complex and is pumping fresh concrete and steel into the guts of the site. Vishwa Green Realtors, in partnership with the owner, BK Modi’s Spice Group, is laying the foundation of a multi-storeyed business complex.The transformation of the site in Turbhe represents the change along the 15-kilometre road stretch between Mumbai’s satellite cities of Thane and...
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