Reliance Realty to set up smart fintech centre

Work is on at Navi Mumbai project

Reliance Realty Ltd., a wholly-owned subsidiary of Reliance Communications, will develop Maharashtra’s first and largest smart fintech centre in Navi Mumbai.

The company has already started major infrastructure development initiative, said a release.

Gets approval

The Department of Information Technology of Maharashtra Government and the Maharashtra Industrial Development Corporation (MIDC) granted approval for development of the smart fintech centre at its Dhirubhai Ambani Knowledge City in Navi Mumbai.,

Reliance Realty’s Dhirubhai Ambani Knowledge City, which is spread across over 132 acres, will have total saleable/leaseable area of over 30 million square feet of prime real estate.

Post development, the saleable area will be double the size of the existing commercial area of Bandra Kurla Complex, Mumbai, the release said.

Reliance Realty is best positioned to capture the growing demand for fintech, banking, financial services, insurance, non-banking finance companies, information technology & IT-enabled services and knowledge sectors over a period of next 20 years and beyond, the release said.

Source: Read Full Article