Mumbai big-ticket deals: 5 land parcels leased for 80 years at ₹5000 crore
The Mumbai Metropolitan Region Development Authority (MMRDA), the special planning authority, has leased five land parcels in Bandra Kurla Complex (BKC) in Mumbai for 80 years. These deals have earned the authority nearly ₹5,000 crore.
Japan's Sumitomo has won the bid for leasing two land parcels in BKC measuring over 13,167 sq mtrs for ₹2,538 crore.
Photo Credit: HT Files
A Brookfield-led consortium has won the bid for an 8,411 sq m land parcel in BKC, securing it for ₹1,302 crore.
Photo Credit: HT Files (Picture for representational purposes only)
The Maharashtra Pollution Control Board (MPCB) has leased 34 acres of land from MMRDA for ₹468.6 crore for 80 years to construct Paryavaran Bhawan.
Photo credit: HT Files
National Stock Exchange (NSE) has leased a plot in BKC for ₹758 crore. On April 6, the MMRDA announced that it had allocated an additional plot of 5,500 sq m to the National Stock Exchange of India (NSE) for ₹757.9 crore.