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Business Economy


Reliance Realty gets final clearance for developing smart fintech centre in Mumbai

Mumbai, Feb 11(UNI)Reliance Realty Limited, a wholly owned subsidiary of Reliance Communications will develop the State's first and the largest Smart Fintech Centre in Navi Mumbai.
The Department of Information Technology, Government of Maharashtra and the Maharashtra Industrial Development Corporation (MIDC), granted approval to Reliance Realty for development of the Smart
Fintech Centre at its Dhirubhai Ambani Knowledge City in Navi Mumbai, under the Government of Maharashtra's new Fintech Policy, Rcom said in a filing with BSE
As per Government of Maharashtra's new Fintech Policy, Reliance Realty's Dhirubhai Ambani Knowledge City, which is spread across over 132 acres, will have total saleable/leasable area of over 30 million square feet of prime real estate.
Reliance Realty's saleable area post development will be double the size of the existing commercial area of Bandra Kurla Complex, Mumbai.
Reliance Realty is best positioned to capture the growing demand for Fintech, Banking, Financial Services, Insurance, NBFC, IT& ITES and Knowledge sectors over a period of next 20 years and beyond.
Reliance Realty has already started major infrastructure development initiative in this regard, filing added.
UNI JS SB 1226
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