MbPA To Lease 217 Acres For Rs 8 Billion Revenue Boost
PORTS & SHIPPING

MbPA To Lease 217 Acres For Rs 8 Billion Revenue Boost

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code