India, Feb. 11 -- Reliance Realty Limited, a wholly owned subsidiary of Reliance Communications on Monday said, "it will develop the State's first and the largest Smart Fintech Centre in Navi Mumbai," in a filing to Bombay Stock Exchange.

The company said, "The Department of Information Technology, Government of Maharashtra and the Maharashtra Industrial Development Corporation (MIDC), granted approval to Reliance Realty for development of the Smart Fintech Centre at its Dhirubhai Ambani Knowledge City in Navi Mumbai, under the Government of Maharashtra's new Fintech Policy."

As per Government of Maharashtra's new Fintech Policy, Reliance Realty's Dhirubhai Ambani Knowledge City, which is spread across over 132 acres, will have total sale...