The state government has agreed to allocate 25.93 lakh sq ft of the 93-acre plot at Bandra (East) to accommodate a complex of buildings meant for the Bombay high court, apartments for the judges and staff and the association of the advocates, in its proposed plan of the redevelopment of the Bandra Government Colony. The state plans to rope in an international planning body through government-to-government (G2G) agreements.
Besides the main building, the complex will feature the chief justice’s residence, a residential building for court employees,a restaurant, a refreshment area, office space for the Bar Council of India, the Advocate Association of Western India and others. As much as 45% of the complex is open space, while 15% has been reserved for the construction of buildings to cater the future needs of the court.
During the hearing of a Public Interest Litigation last year, the state admitted to allotting a plot for the court building in the suburbs.
The Public Works Department’s (PWD) plan for the redevelopment of the colony requires funding from international financial agencies. After chief minister Devendra Fadnavis directed the PWD to monetise the land by auctioning smaller plots, the department cancelled the tender process initiated for the developement last month.
"We are planning to redevelop the colony through funding by international players affiliated to various countries such as Korea, Dubai and Singapore under G2G agreements. We will soon be signing the Memorandum of Understanding with agencies such as the Korean Land and Housing Corporation," said an official on the condition of anonymity.
Indian players such as the National Building Constructions Corporation Limited — a Central government arm — had also made presentations to redevelop the plot. "After going through the presentations, we realised the Indian firms were charging higher consultation fees, while international firms are ready to fund the redevelopement at competitive lending rates," the official said.