![]() Ī new rail-based Rapid Transit System will be introduced in the Greater Colombo area. The Western Region Megapolis Transport Masterplan has published the detailed plan. Transport-related related projects identified by the master plan of Western Region Megapolis Planning Project are implemented under the Transport Development Project (TBD). The Plans include modernized bus service, an electrified railway system, a modern rapid transit system, and an inland water transport system for a new boat/ferry service that uses Colombo's historic canal network, a new urban expressway system, and improvements to existing roadways. The megapolis project has several transport development proposals. It is touted as an international financial center and is funded by Chinese investment the city will have a separate legal and financial system which is likely to be governed by the Chinese firms that control the land, although the Supreme Court of Sri Lanka still has the final word on legal matters. The Colombo International Financial City (CIFC) is a planned offshore city adjacent to Galle Face Green in Central Colombo that would be built on reclaimed land. Main article: Colombo International Financial City Notable Developments Colombo International Financial City In 2016 Siemens signed an MoU with the Ministry of Megapolis to provide solutions for smart cities. The Megapolis plan was unveiled in a ceremony with Prime Minister Wickremesighe, President Maithripala Sirisena, and Megapolis and Western Province Development Minister Champika Ranawaka. Īfter returning to power in 2015, Wickremasinghe requested Surbana Jurong, the successor of CESMA, to revise the plan to suit the newer needs. His successor Mahinda Rajapaksa mostly abandoned the plan but implemented piecemeal sections of the project. When Wickremesinghe returned to power and the proposal was submitted to the Board of Investment (BOI), however, the end of the administration again stopped the project. In 2004, the Singaporean Housing and Development Board's design subsidiary CESMA created the Western Region Megapolis plan. However, development of the concept came to a halt with the change of the government in 1994. He presented the plan to the visiting Japanese Prime Minister Toshiki Kaifu, with the objective of getting Japanese assistance to implement the project. The concept was initially mooted in 1991 by the then young Sri Lankan Industries' Science and Technology Minister Ranil Wickremesinghe. ![]() The project includes social infrastructure development such as housing, healthcare, education, spiritual development, safety and security, transportation and traffic management, airport and port development, water- and energy-related infrastructure development, and the development of SMEs, industries and tourism. The project aims to foster economic growth and prosperity, good governance, the creation of an efficient and well-planned region, social equity and harmony, and environmental sustainability. It hopes to create a Megacity that can match other economic hubs, such as Dubai, Singapore, Seoul and Tokyo, and solve the issues of traffic congestion, garbage, slums, and environmental pollution. The plan was created by Surbana in cooperation with local experts. It is designed to create a megapolis in Sri Lanka's Western Province by 2030. ![]() The Western Region Megapolis is an urban planning, zoning, and development area stretching from Negombo in the north to Beruwala in the south. Megapolis Springs Phase 3 is where fine living meets seamless connectivity to provide you comfort living.Urban planning region of Sri Lanka The Western Province where most of the Megapolis is situated 411057 is the area pincode under which this project falls. Planning to invest in this exclusive property? You can visit the property at CRM Department Sales office, Megapolis, Phase 3, Hinjewadi Rajiv Gandhi Infotech Park, Hinjawadi, Pimpri-Chinchwad, Maharashtra. Megapolis Springs Phase 3 project was created by the well-known developer Pegasus Properties. The estimated possession date of the project is 01 April 2021. The launch date of this beautiful project is 01 March 2018. Smartly planned, the complex has a total of 6 towers. The property units are spacious and range in size from 1 BHK Flat (650. ![]() The property features various unit types as Flat, which are constructed to offer complete satisfaction. The units of this property are Under Construction. ![]() It is a wonderfully crafted Residential property that is likely to impress you. It covers an area of 3 Acre giving enough green space to residents. Enjoy a niche living experience in this complex with units available from Rs. The magnificent Megapolis Springs Phase 3 that is smartly located in Phase 3 Hinjewadi Rajiv Gandhi Infotech Park, Pune is a well-planned project. ![]()
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