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State Government | Maharashtra - India | PID: 191822
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The Mumbai Metropolitan Region Development Authority (MMRDA) is set to prepare a master plan for integrated development of 28 commercial and 10 residential buildings in Bandra Kurla Complex's (BKC) E Block
This will help in upgrading of various infrastructure in the Mumbai Metropolitan Region, by earning a revenue of Rs 18,000 crore for MMRDA. Infrastructure projects worth over Rs one lakh crore, including several Metro networks and the Trans Harbour Link, are underway in MMR
The transformation plan for BKC’s E Block houses offices of several government agencies. Most of these buildings are 30 years old and some of them have approached MMRDA to seek approval for redevelopment. It will work on a plan to have revised Urban Design Master Plan and architectural controls for BKC
The plans will include seminal designs for buildings with features such as recreation gardens at podium level, sky garden, upgraded recreational ground plot, pedestrian plaza and an iconic pedestrian bridge across the Mithi river
The total built-up area consumed is 15.9 ha and the balance built-up area available is 10.45 ha as per the existing FSI policy. When the global floor space index (FSI) concept is applied, MMRDA expects to gain 41.7 ha of built-up area in E-block and 278.73 area in G Block. This is expected to help MMRDA earn around Rs 18,000 crore as a built-up area rate of Rs 3.44 lakh per mtr
| Updated on: 29 - Jan - 2020
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