Mahindra Lifespaces Signs Agreement With Govt Of Maharashtra To Develop A World-class Tourist Destination In Murud, Raigad
Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the $20.7 billion Mahindra Group, today announced that its wholly-owned subsidiary company Deep Mangal Developers Private Limited has signed an agreement with the Government of Maharashtra for the development of a world-class tourist destination in Murud, district Raigad. This project will be developed under the aegis of the Maharashtra Government's Tourism Policy and will help drive investments and create opportunities for employment and skill development. The agreement was signed in the presence of Shri. Devendra Fadnavis, Honourable Chief Minister of Maharashtra and Mr Anand Mahindra, Chairman, Mahindra Group.
Located in the scenic Konkan belt, around 150 km from Mumbai, Murud is a place of historical importance, well-known for the sea-fort of Murud - Janjira. Murud also boasts of expansive natural beauty including pristine beaches like Kashid and Murud, the Garambi waterfalls and an invigorating climate. This makes it the ideal location for building a destination that would attract tourists from across the world.
In addition to driving tourism, the project envisions engaging local communities through education, skill development of youth and economic empowerment of women, among other areas.
In a bid to promote tourism, the Government of Maharashtra, under the aegis of Tourism Policy 2016, has designated tourism as a priority sector to drive investment, economic development and employment generation. The state government will support the project by facilitating the necessary infrastructure, which will be instrumental in creating world-class facilities for tourist arriving from across the world.