Archive · 20 Aug 2025
Mumbai Port Authority to Lease 28 Parcels for ₹13,279 Crore
The Mumbai Port Authority is going to make a lot of money!
They're leasing out 28 pieces of land in Mumbai and nearby areas, like Raigad.
They expect to earn over ₹13,279 crore from this.
These lands have different uses, like shops, offices, and industrial areas.
They will lease these lands for up to 30 years.
The money earned will help the port authority and also contribute to the growth of Mumbai.
These lands are in good locations with easy access to roads, bridges and ports, so they should attract investors.
Mumbai Port Authority to earn ₹13,279.65 crore by leasing 28 land parcels.
The land parcels are located across Mumbai and Raigad district.
Assets include commercial plots, godowns, office spaces, residential buildings, and industrial zones.
Lease periods extend up to 30 years for various land use purposes.
The leasing is part of a plan to monetize real estate and contribute to Mumbai's urban development.
- Who
- Mumbai Port Authority.
- What
- The Mumbai Port Authority is leasing out 28 land parcels.
- When
- Information not available in articles.
- Where
- Across Mumbai and Raigad district.
- Why
- To monetize real estate assets, strengthen finances, and contribute to urban development.
- Total Earnings
- ₹13,279.65 crore
- Number of Land Parcels
- 28
- Location
- Mumbai and Raigad district
- Lease Period
- Up to 30 years
- Lease Method
- e-tender-cum-auction