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MbPA extends deadline for bids on 28 plots

Mumbai Port Authority's plan to lease 28 waterfront plots faces delays due to low interest, extending the deadline for proposals by a month.

Published on: Sep 12, 2025 07:18 AM IST
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MUMBAI: The Mumbai Port Authority’s (MbPA) plan to lease 28 plots on Mumbai’s eastern waterfront has hit a speed bump. The Expression of Interest (EOI) floated by the port authority in August has received a poor response, prompting it to extend the deadline by a month.

MbPA extends deadline for bids on 28 plots
MbPA extends deadline for bids on 28 plots

Ten entities have responded to the EOI, the original deadline being September 11. “Many companies have made inquiries but we have received only ten serious proposals. Hence, we have decided to extend the EOI by a month,’’ said a senior MbPA official.

The MbPA is one of Mumbai’s biggest landlords, owning vast stretches of land along the waterfront from Colaba to Wadala. Its plan to lease these 28 plots, collectively covering 215 acres, was first reported in HT on August 12, 2025. In doing so, the port authority hopes to raise 814.04 crore in revenue, annually.

All these plots are in prime locations, some sea-facing. They will be leased for 30 years, exclusively for industrial and commercial purposes. The planning authority for these 28 plots is MbPA, which will clear the development approvals, except for the plot at Apollo Bunder and the one at Thal in Alibag, Raigad district.

 
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