Archive · 13 Sep 2025
Congress Demands Mumbai Land Deal Rollback After RBI Purchase
The Congress party is upset about the government selling land in Mumbai's Nariman Point to the Reserve Bank of India (RBI).
The Congress party claims that their offices, and those of other parties, were located on the land and that they were promised new offices after a metro project was finished.
Now, the land has been sold to the RBI.
The Congress party is upset, and wants the government to cancel the sale, or they'll take the matter to court.
The Mumbai Metro Rail Corporation Ltd (MMRCL) has stated that the deal was above board.
The RBI purchased land at Nariman Point from MMRCL for Rs 3,472 crore.
Congress party is demanding the deal be reversed.
Congress claims they were promised offices on the land after a metro project.
MMRCL calls the sale a transparent, government-approved process.
The Congress threatened to move court regarding the land deal.
- Who
- Congress, RBI, Maharashtra government, MMRCL
- What
- Congress demanding rollback of the sale of land to the RBI.
- When
- Sale executed in early September, the Congress issued a warning on Saturday
- Where
- Nariman Point, Mumbai
- Why
- Congress claims the sale disregards promises and is seeking their allocated plot.
Congress's Stance
MMRCL/Government's Stance
Land Allocation
Congress's Stance
The government is neglecting its promise to the Congress party regarding allocation of the plot.
MMRCL/Government's Stance
The land agreement with the RBI is a ‘transparent government-approved process.’
- Location of Land
- Nariman Point, Mumbai
- Buyer
- Reserve Bank of India (RBI)
- Sale Price
- Rs 3,472 crore
- Purpose of Sale
- New RBI office complex
- Involved Parties
- Congress, MMRCL, Maharashtra govt, RBI
- MMRCL's Stance
- Transparent, government-approved process
