BMC floats tender to lease plot in Worli
Brihanmumbai Municipal Corporation (BMC) has floated a tender inviting bids for the auction of a plot in Worli on a 30-year lease. The land measures approximately 3,518 sq. metres, but the actual usable area currently stands at 1,299.52 sq. metres.
Under the Development Plan (DP) 2034, the plot has been reserved for public recreational facilities such as a club or gymkhana. BMC is looking to generate revenue from the lease to be used for major infrastructure projects across Mumbai.
Also Read: BMC leases space in Mumbai for Rs 248 crore