MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) has received competitive bids for three prime Bandra-Kurla Complex (BKC) plots which have been set aside for a hospital, an educational institute and a recreational facility, as part of the agency’s latest land tender initiative.
For the recreational plot, M/s Auro Realty Pvt Ltd and M/s Shree Naman Developers Pvt Ltd have thrown their hats in the ring. The hospital plot drew interest from healthcare giants M/s Fortis Hospitals Ltd and M/s Jupiter Life Line Hospitals Ltd. Meanwhile, the educational institute plot piqued the interest of D Y Patil (deemed to be university) and the Bharati Vidyapeeth.
The MMRDA aims to raise a minimum of Rs 656 crore by leasing these plots located in BKC’s coveted G and GTxT Blocks.
The largest plot, spanning 52,138 sq m in G Block, is earmarked for a world-class clubhouse and sports complex, with a reserve price of Rs 168 crore and a permissible built-up area of 10,427 sq m. The envisioned facility will feature suites, conference rooms, an auditorium, a restaurant and a gymnasium, complemented by extensive indoor and outdoor sports amenities.
These amenities include a swimming pool, a tennis court, cricket nets, a football ground, a basketball court and a 400-metre running track, along with basement parking and other allied services.
In GTxT Block, a 10,026-sq m plot is designated for a hospital, carrying a reserve price of Rs 323 crore and a built-up area of 20,052 sq m. A third plot in the same block, measuring 5,118 sq m, is reserved for an educational institute, with a reserve price of Rs 164.87 crore and permissible built-up area of 10,235 sq m.
The Bandra-Kurla Complex, a 19-hectare commercial hub developed by the MMRDA, a state government agency, is a thriving ecosystem of corporate offices, govt institutions and cultural landmarks.
The area is home to the National Stock Exchange, Securities and Exchange Board of India, the US Consulate, the Mumbai Cricket Association, Jio World Drive and the Nita Mukesh Ambani Cultural Centre, among many other places.
