NAVI MUMBAI CENTRAL PARK

Finally, the much talked about Hyde Park in London, Central Park in New York are some of the fine examples of large recreational parks that standout in history. The Central Park project is an endeavour, not to emulate these historic parks, but to create a public park synthesizing the concepts of these parks, relate the park to present times, in particular the ethos of Navi Mumbai and further reflect into the future.

It spreads over an area of around 200 acres in Kharghar. It is a virtually link between the hills dotting Kharghar & the creek. A natural channel runs from hills to creek with fully grown trees and vegetation at sporadic locations. It accommodates diverse functions of active and passive recreations starting from Jogger's Tracks, Botanical Gardens, Amphi theatre and Theme Parks to a full fledged Sports Stadium.

The Rs. 4,000 crores Airport is being built on PPP (Public Private Partnership) basis with 74% equity with private sector. The airport is set to directly create 25,000 jobs in and around the area.

In an exclusive interview on CNBC-TV18, Ashutosh Limaye, associate director - strategic consulting at Jones Lang LaSalle India says, "Infrastructure projects like airports bring in a lot of employment opportunities. Airports work 24 x 7 and you require people who stay close by for ease of transportation. That creates a lot of residential demand".