Mumbai prepares to auction plots for its third Central Business District in Wadala, triggering property price appreciation and corporate interest in the well-connected eastern corridor poised to complement BKC and Lower Parel.

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MMRDA has invited bids for a premium 2.7-acre commercial plot in Wadala with a reserve price of ₹1,629 crore, marking a strategic push to develop Mumbai's third major central business district alongside BKC and Nariman Point, with a bid deadline of January 7, 2026.

Maharashtra has reclassified over 20,000 square meters of salt pan land in Wadala from Natural Area to Residential Zone, paving the way for an IAS officers' gymkhana and EVM warehouse facilities in a significant land-use policy shift.

Wadala has rapidly emerged as Mumbai’s premier destination for infrastructure and real estate growth, driven by enhanced connectivity and premium developments like Siddha Sky. Discover why investors and South Mumbai buyers are flocking to this dynamic neighborhood in 2025.

Mumbai's East Coast is becoming a real estate and commercial hub thanks to massive infrastructural investments. East Coast residential and commercial activity is ready to boom as Colaba to Wadala, encompassing Sewri and Byculla, expands.