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The Mumbai Port Authority to lease 28 plots across more than 217 acres on Mumbai’s eastern waterfront and Alibaug is set to make a significant mark in the city’s commercial and industrial landscape. This ambitious move aims to generate over ₹800 crore annually through 30-year lease agreements, attracting investors and businesses looking to capitalize on prime waterfront locations.
Prime Locations Spanning Mumbai and Alibaug
The land parcels available for lease are strategically located in key areas such as Wadala, Sewree, Reay Road, P’Dmello Road, Colaba, Fort, Mazgaon, Sassoon Dock, Mallet Bunder, and a singular plot near Thal beach in Alibaug. Out of the 28 plots, 27 are situated in Mumbai, covering critical industrial and commercial zones along the eastern waterfront, while one plot lies in the Raigad district near Alibaug.
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Lease Terms and Usage Restrictions
According to the Expression of Interest (EOI) published by the Mumbai Port Authority on August 11, these plots will be leased exclusively for industrial and commercial purposes. Residential use is explicitly prohibited. The lease period is fixed at 30 years, providing long-term stability for leaseholders. Interested parties have until September 11 to submit their applications, marking a competitive opportunity for businesses and developers.
Mumbai Port Authority: A Major Landholder
MbPA is one of the largest landlords among state and central government agencies in Mumbai. Alongside other significant landowners such as the National Textiles Corporation, Maharashtra state government, Central Railway, and Western Railway, MbPA controls extensive waterfront and industrial land parcels. This leasing initiative further emphasizes the Authority’s influential role in shaping Mumbai’s urban and industrial development.
Key Plots on Offer
Among the plots up for lease, several stand out due to their size and strategic importance. A 22-hectare plot at Princess Dock, located near the domestic cruise terminal, is among the prime parcels. In Wadala, a 29-acre site formerly occupied by Hindustan Petroleum Corporation Limited (HPCL) and a 10-acre plot once used by the Food Corporation of India (FCI) as a warehouse are also available. Additionally, 25 acres at the Sewri Timber Pond and a cargo storage yard close to the Mumbai Trans Harbour Link (MTHL) are included in the offering.
The Eastern Waterfront Development Plan: On Hold
In 2018, the Mumbai Port Authority was appointed as the Special Planning Authority (SPA) for developing the sprawling 966-hectare Eastern Waterfront. A draft plan was prepared and made available for public feedback, led by then-chairperson Sanjay Bhatia. However, despite initial progress, the ambitious waterfront development plan has since been shelved indefinitely, placing the project in cold storage.
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Conclusion
The decision by the Mumbai Port Authority to lease 28 plots over 217 acres is a major step towards unlocking the commercial potential of Mumbai’s eastern waterfront and Alibaug. By opening these prime lands for long-term industrial and commercial leases, MbPA is set to raise significant revenue while fostering industrial growth. This presents lucrative opportunities for businesses and investors seeking to establish or expand their footprint in one of India’s most dynamic urban landscapes.
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Ans 1. The Mumbai Port Authority (MbPA) plans to lease 28 land parcels across more than 217 acres on Mumbai’s eastern waterfront and in Alibaug, aiming to generate over ₹800 crore annually through 30-year commercial and industrial lease agreements.
Ans 2. Out of the 28 plots, 27 are in Mumbai, situated in strategic areas such as Wadala, Sewree, Reay Road, P’Dmello Road, Colaba, Fort, Mazgaon, Sassoon Dock, and Mallet Bunder. One plot is located near Thal beach in Alibaug, Raigad district.
Ans 3. The plots are available exclusively for industrial and commercial use. Residential developments or purposes are not allowed as per the Mumbai Port Authority’s regulations.
Ans 4. The leases will be for a fixed term of 30 years, providing long-term stability and certainty to lessees.
Ans 5. Businesses, developers, and investors interested in commercial or industrial development on these prime waterfront lands can apply. The deadline for submitting applications is September 11, 2025.
Ans 6. As one of the largest landholders in Mumbai, MbPA’s leasing of these prime waterfront plots is expected to boost industrial and commercial growth, unlock revenue potential, and attract significant investment in the city’s key economic zones.
Ans 7. Yes, significant parcels include a 22-hectare plot at Princess Dock near the domestic cruise terminal, a 29-acre site in Wadala formerly occupied by Hindustan Petroleum Corporation Limited (HPCL), a 10-acre warehouse plot used by the Food Corporation of India (FCI), and 25 acres at Sewri Timber Pond near the Mumbai Trans Harbour Link (MTHL).
Ans 8. The Mumbai Port Authority was appointed as the Special Planning Authority for the Eastern Waterfront Development Plan in 2018, but the ambitious project has been shelved indefinitely and is currently on hold.
Ans 9. MbPA is among several major government landowners in Mumbai, including the National Textiles Corporation, Maharashtra state government, and railways. This leasing move reaffirms MbPA’s prominent role in shaping Mumbai’s urban and industrial future.
Ans 10. Investors and businesses can secure long-term commercial and industrial land leases at prime waterfront locations, which are crucial for logistics, manufacturing, warehousing, and other growth-oriented activities in Mumbai and the nearby Alibaug region.