Commercial hub makeover on the cards for Mumbai's eastern waterfront as port authority invites proposals to lease 28 plots
These plots are located in areas like Wadala, Sewri, Reay Road, P'Dmello Road, Colaba, Fort, Mazgaon, Sasson Dock, Mallet Bunder, and near Thal beach in Alibaug, according to the notice issued by the port authority. MbPA owns a large stretch of coastal belt spanning nearly 28km from Colaba end to Wadala. According to sources, the commercial and industrial development will also ensure facilities around tourism, recreation, and entertainment, including a marina, amphitheatre, and large landscapes.
The plan, however, does not include residential permissions.
On Monday, MbPA published an expression of interest offering the 28 properties — 27 in Mumbai, and one in Thal in Raigad district. The lease also includes MbPA-owned buildings along the city's eastern waterfront, according to the EOI. The last date for submission of bids is Sept 11.
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"Nearly 70% of MbPA cargo is liquid-like chemicals and petroleum; hence warehousing, godowns, and industrial & commercial activities have been the priorities," said sources.
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In Dec 2018, MbPA was appointed as the special planning authority for the development of the 966-hectare Eastern Waterfront into a world-class hub focused on tourism, recreation, entertainment, a marina and commercial spaces. A committee headed by then-MbPA chairperson Sanjay Bhatia had released a draft development plan for public scrutiny. The draft plan was finalised, but later put in cold storage.
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