The Mumbai Metropolitan Region Development Authority (MMRDA) is forging a strategic partnership with South Korea to accelerate the innovative development of Mumbai 3.0, focusing on smart city solutions and sustainable urban planning.
Smart CityUrban InnovationSustainable DevelopmentMmrdaSouth KoreaReal Estate MumbaiApr 23, 2025
The MMRDA's vision for Mumbai 3.0 is to transform Mumbai into a smart, sustainable, and inclusive city by leveraging cutting-edge urban innovations and sustainable solutions.
South Korea is a suitable partner for the MMRDA because of its advanced expertise in smart city technology, renewable energy, and efficient urban planning.
The key areas of focus include the integration of smart city technologies, the adoption of renewable energy solutions, and the development of efficient urban planning strategies.
The partnership will contribute to Mumbai's sustainability by reducing the city's carbon footprint, promoting environmental initiatives, and enhancing the efficiency of urban services.
The Mumbai 3.0 vision emphasizes the importance of community and inclusivity, aiming to improve the lives of all residents and ensure that the benefits of urban innovation are shared equitably.
This strategic collaboration addresses the growing need for skilled professionals in India's dynamic real estate market. The partnership with the Indian School of Hospitality (ISH) is set to enhance the educational and professional development of future real estate leaders.
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