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MMRDA Announces First Wadala Land Auction in 15 Years with ₹1,629 Cr Reserve Price for Mixed-Use Development

MMRDA is set to auction a 10,860 sq m prime land parcel in Wadala with a ₹1,629 crore reserve price, marking its first major land sale in the area after fifteen years. The 80-year lease offers FSI 10 for mixed-use development, signaling Mumbai's commercial expansion beyond BKC.

By Admin

  • 23rd Oct 2025
  • 1259 Views
MMRDA Approved to Raise INR 50,000 Crore for Infrastructure Projects via Bonds

A strategic bond sale by MMRDA to fund INR 50,000 crore will accelerate Mumbai's infrastructure development. MMRDA hopes to overcome its financial issues and forward critical projects that would boost connectivity and growth with state government support and a strong financial plan.

By Admin

  • 7th Jul 2024
  • 1659 Views
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