MbPA To Lease 217 Acres For Rs 8 Billion Revenue Boost

14 Aug 2025 CW Team

The Mumbai Port Authority (MbPA) has announced plans to lease 28 land parcels spanning more than 217 acres along Mumbai’s eastern coastline, including Alibag, as part of its Eastern Waterfront initiative. The leases, offered for 30 years, are aimed at generating over Rs 8 billion annually for commercial and industrial purposes.

According to the notice issued by MbPA, the sites are located in Wadala, Sewree, Reay Road, P’Dmello Road, Colaba, Fort, Mazgaon, Sassoon Dock, Mallet Bunder, and near Thal beach in Alibag. The Expression of Interest (EOI), published on 11 August, lists 27 plots in Mumbai and one in Thal, Raigad district, with the submission deadline set for 11 September. The plots will be allocated strictly for industrial and commercial activities, with no residential use permitted.

The 28 plots include prime parcels such as a 22-hectare site at Princess Dock near the domestic cruise terminal; a 29-acre Wadala plot formerly occupied by Hindustan Petroleum Corporation Limited (HPCL); a 10-acre ex-Food Corporation of India (FCI) warehouse site in Wadala; 25 acres at the Sewree Timber Pond; and a cargo storage yard near the Mumbai Trans Harbour Link (MTHL). Several MbPA-owned buildings along the city’s eastern waterfront are also part of the offering.

As one of the largest landholders among state and central agencies, MbPA joins entities such as the National Textiles Corporation, Maharashtra government, Central government, and Indian Railways in owning extensive city land holdings.

MbPA was appointed as the Special Planning Authority for the 966-hectare Eastern Waterfront project in December 2018. A draft development plan prepared under then-chairperson Sanjay Bhatia was finalised but later placed in cold storage. The current leasing plan marks a significant step towards unlocking the economic potential of this underutilised waterfront.

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