Mumbai Port Authority to Lease 28 Plots for Over ₹800 Crore Annual Revenue
The Mumbai Port Authority (MbPA) is set to lease 28 plots spanning over 217 acres in Mumbai and Alibaug, aiming to raise over ₹800 crore annually. These plots, located in key areas like Wadala and Sewree, will be leased for commercial and industrial use.
Mumbai Real EstateMumbai Port AuthorityEastern WaterfrontCommercial Land LeaseIndustrial DevelopmentReal Estate MumbaiAug 12, 2025
These plots are situated in areas such as Wadala, Sewree, 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. The MbPA hopes to generate significant revenue through this initiative, which is crucial for the development of the region.
By leasing these properties, the MbPA aims to boost economic activities in the area. The Port Authority published an Expression of Interest (EOI) on August 11, offering 28 properties on 215 acres, with 27 plots in Mumbai and one in Thal in Raigad district. The last date for submission is September 11.
The EOI clearly states that the plots will not be allotted for residential purposes and will only be used for industrial and commercial activities. This decision is in line with the MbPA's strategy to maximize the economic potential of the region while ensuring sustainable development.
The Mumbai Port Authority is one of the largest landowners among state and central government agencies. Several other government bodies, including the National Textiles Corporation, Maharashtra government, Central government, Central Railway, and Western Railway, also own significant portions of land in the city.
The 28 plots being leased by the MbPA include several key parcels. A 22-hectare plot at Princess Dock near the domestic cruise terminal, a 29-acre site in Wadala that formerly housed an HPCL facility, a 10-acre plot previously used by the FCI as a warehouse in Wadala, 25 acres of land at the Sewri Timber Pond, and a cargo storage yard near the Mumbai Trans Harbour Link (MTHL) are among the properties being offered for lease.
The lease also includes various MbPA-owned buildings along the city's eastern waterfront, which are expected to attract significant commercial and industrial interest.
In December 2018, the MbPA was appointed as the Special Planning Authority (SPA) for the development of the 966-hectare Eastern Waterfront. A committee headed by then-MbPA chairperson Sanjay Bhatia released a draft development plan for public scrutiny. Although the plan was finalized, it has since been put on hold. The leasing of these plots is a step forward in reactivating the development plans for the Eastern Waterfront.
The initiative by the MbPA is expected to have a positive impact on the real estate and economic landscape of Mumbai. By providing these plots for commercial and industrial use, the port authority aims to attract investments and create new opportunities for growth and development in the region.
Frequently Asked Questions
What is the total area of the plots being leased by the Mumbai Port Authority?
The total area of the 28 plots being leased by the Mumbai Port Authority is over 217 acres.
Where are these plots located?
The plots are located in areas like Wadala, Sewree, Reay Road, P'Dmello Road, Colaba, Fort, Mazgaon, Sasson Dock, Mallet Bunder in Mumbai, and near Thal beach in Alibaug.
What is the purpose of leasing these plots?
The plots will be leased for commercial and industrial purposes to raise over ₹800 crore annually.
Can these plots be used for residential purposes?
No, the plots will not be allotted for residential purposes and will only be used for commercial and industrial activities.
What is the last date for submitting the Expression of Interest (EOI)?
The last date for submitting the Expression of Interest (EOI) is September 11.
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