Mumbai's Eastern Waterfront Set for Major Commercial Transformation

The Mumbai Port Authority (MbPA) is inviting proposals to lease 28 plots totaling over 217 acres along Mumbai’s eastern waterfront, aiming to transform the area into a commercial and industrial hub.

MumbaiWaterfrontCommercial DevelopmentMumbai Port AuthorityEoiReal Estate MumbaiAug 12, 2025

Mumbai's Eastern Waterfront Set for Major Commercial Transformation
Real Estate Mumbai:Mumbai: The city's eastern waterfront is poised for a significant transformation, with plans to develop it into a hub for corporate, business, trade, and IT parks, alongside state-of-the-art warehouses and godowns. The Mumbai Port Authority (MbPA) has announced its intention to lease out 28 plots, totaling over 217 acres, located near the sea on the east coast of Mumbai and Raigad district, for a period of 30 years. The initiative is expected to generate an annual revenue of Rs 814 crore for the port authority.

These plots are situated in strategic locations such as 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 significant stretch of the coastal belt, spanning nearly 28 kilometers from the Colaba end to Wadala. The development plan also includes provisions for tourism, recreation, and entertainment facilities, such as a marina, amphitheater, and large landscapes.

However, the plan does not include residential permissions. On Monday, MbPA published an expression of interest (EOI) offering the 28 properties—27 in Mumbai and one in Thal, Raigad district. The EOI also includes MbPA-owned buildings along the city's eastern waterfront. The last date for the submission of bids is September 11.

'Nearly 70% of MbPA's cargo consists of liquid materials like chemicals and petroleum, making warehousing, godowns, and industrial and commercial activities the primary focus,' said sources. In December 2018, MbPA was appointed as the special planning authority for the development of the 966-hectare Eastern Waterfront into a world-class hub. A committee headed by then-MbPA chairperson Sanjay Bhatia had released a draft development plan for public scrutiny. The draft plan was finalized but later put on hold.

The transformation of Mumbai's eastern waterfront is expected to boost the city's economic growth and enhance its infrastructure. The development of commercial and industrial spaces will not only create job opportunities but also attract investments from various sectors. The inclusion of tourism and entertainment facilities is likely to make the area a popular destination for both residents and visitors.

MbPA's initiative is part of a broader vision to modernize and revitalize the city's waterfront areas, aligning with the government's efforts to promote sustainable urban development. The successful implementation of this plan could set a precedent for similar projects in other parts of the city and the country. The port authority is keen to ensure that the development is environmentally sustainable and benefits the local community.

The leasing of these plots represents a significant step towards achieving the vision of a modern, integrated, and economically vibrant eastern waterfront. Interested parties are encouraged to submit their proposals by the specified deadline, marking the beginning of a new chapter in Mumbai's urban development story.

Frequently Asked Questions

What is the total area of the plots being leased by MbPA?

The total area of the 28 plots being leased by the Mumbai Port Authority (MbPA) is over 217 acres.

Where are the plots located?

The plots are located in areas such as Wadala, Sewri, Reay Road, P'Dmello Road, Colaba, Fort, Mazgaon, Sasson Dock, Mallet Bunder, and near Thal beach in Alibaug, Raigad district.

What is the lease period for the plots?

The lease period for the plots is 30 years.

What is the expected annual revenue from the leasing of these plots?

The expected annual revenue from the leasing of these plots is Rs 814 crore.

What types of facilities are planned for the eastern waterfront?

The planned facilities include corporate, business, trade, and IT parks, state-of-the-art warehouses and godowns, as well as tourism, recreation, and entertainment facilities such as a marina, amphitheater, and large landscapes.

Related News Articles

Kerala High Court Accepts State Government's Assurance on Judicial Member Appointment to Real Estate Appellate Tribunal
real estate news

Kerala High Court Accepts State Government's Assurance on Judicial Member Appointment to Real Estate Appellate Tribunal

The Kerala High Court has closed a plea after the state government assured the court that a judicial member will be appointed to the State Real Estate Appellate Tribunal immediately after June 4

May 29, 2024
Read Article
Hotel Room Heist: Woman Arrested for Stealing Rs 6 Lakh from Friend's Room in Indore
Real Estate

Hotel Room Heist: Woman Arrested for Stealing Rs 6 Lakh from Friend's Room in Indore

A shocking incident of theft has been reported from Indore, where a woman from Chhattisgarh was arrested for stealing Rs 6 lakh from her friend's hotel room.

June 30, 2024
Read Article
CREDAI-MCHI to Launch India's First Quick Real Estate Mall in Mumbai
Real Estate

CREDAI-MCHI to Launch India's First Quick Real Estate Mall in Mumbai

Mumbai (Maharashtra) [India], December 30: CREDAI-MCHI, the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR), is set to launch India's first Quick Real Estate Mall, providing a one-stop solution for property buyers and

January 3, 2025
Read Article
BPTP Group to Invest ₹3000 Crore in Luxurious Housing Project in Gurugram
real estate news

BPTP Group to Invest ₹3000 Crore in Luxurious Housing Project in Gurugram

The thriving Delhi-NCR real estate market is set to witness an ambitious development project by BPTP Group, which plans to invest ₹3000 crore in a new luxury housing project along Gurugram's Dwarka Expressway. The project will offer 2 and 3 BHK apartments

February 20, 2025
Read Article
Compass Seeks to Solidify Position with Acquisition of HomeServices
real estate news

Compass Seeks to Solidify Position with Acquisition of HomeServices

Compass, a leading real estate technology company, is reportedly set to acquire HomeServices, a prominent real estate brokerage owned by Warren Buffett's Berkshire Hathaway. This acquisition could significantly bolster Compass's presence in the competitiv

March 13, 2025
Read Article
Hyderabad Builder Fined Rs 4.27 Lakh for Premature Project Advertising
real estate news

Hyderabad Builder Fined Rs 4.27 Lakh for Premature Project Advertising

Hyderabad: A prominent real estate company in the city has been fined a significant amount for advertising a residential project before completing the necessary registration process.

March 29, 2025
Read Article