hyderabadupdates.com Real Estate Mumbai: MMRDA invites bids to lease ₹1,629-crore Wadala plot

Mumbai: MMRDA invites bids to lease ₹1,629-crore Wadala plot

MMRDA has invited bids for a 10,860 sq m commercial plot in Wadala, with a reserve price of Rs 1,629 crore, aiming to monetize land outside the saturated Bandra-Kurla Complex. This move marks a significant step in developing Wadala as Mumbai’s third central business district, boosting non-fare revenue for infrastructure projects.

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