The Mumbai Port Authority (MbPA) plans to lease 28 plots, covering over 217 acres along the city’s eastern waterfront and Thal in Raigad district, for 30 years to generate Rs 814 crore annually.

The sites span prime locations including Wadala, Sewri, Reay Road, P’Dmello Road, Colaba, Fort, Mazgaon, Sasson Dock, Mallet Bunder, and near Thal beach in Alibaug. The proposed development will focus on corporate, trade, IT parks, and advanced warehousing and godowns, alongside tourism, recreation, and entertainment facilities such as a marina, amphitheatre, and landscaped areas. Residential development is excluded. 

“Nearly 70% of MbPA cargo is liquid-like chemicals and petroleum; hence warehousing, godowns, and industrial & commercial activities have been the priorities,” said sources. MbPA, appointed in December 2018 as special planning authority for 966 hectares of the Eastern Waterfront, aims to create a world-class mixed-use hub. 

An expression of interest has been issued, offering 27 properties in Mumbai and one in Raigad, including MbPA-owned buildings along the waterfront.