Taking the plan for the international financial centre at Bandra Kurla Compex (BKC) one step ahead, the Mumbai Metropolitan Region Development Authority (MMRDA) is now going to appoint a consultant who will prepare not only a master plan and layout, but also urban design guidelines for the proposed centre.
MMRDA does not want to lose any land it owns in BKC and so the idea of the bullet train corridor has not gone well with a section of officials. File pic
The development comes after Railway board members, during the Make in India week, had said that they want to construct a station for the Mumbai-Ahmedabad bullet train under BKC. A section of MMRDA officials are unhappy about the idea of the station.
An MMRDA official said, “We have invited tenders for the appointment of a consultant and his job will be to prepare a layout and master plan for setting up the international finance centre in BKC.”
The move comes after there was a meeting between Indian railway officials and state government officials during the Make in India week.
Few days back mid day had reported on talks between the Chief Minister (CM) and Railway Board officials during which the railways have shown interest in constructing the station. The state government had even said that the topic would be discussed between MMRDA and Railways.
The railways want land two-three floors below the ground in BKC, where the station for the bullet train would be constructed, and they had said that the Mumbai-Ahmedbad bullet train corridor would help BKC, as the prices of the area would go up and this would benefit MMRDA.
MMRDA is the special planning authority of BKC and it funds its infrastructure projects by selling the land from its land bank. MMRDA does not want to lose any land it owns in BKC and so the idea of bullet train corridor has not gone well with a section of officers as the land is a gold mine for the planning authority.
“I cannot comment on anything about the Mumbai-Ahmedabad bullet train, but all I can say is that once the International Finance Centre comes up in BKC, it would help a lot in its overall development,” said an MMRDA official
The business district of BKC is spread across 370 hectares and has over 60 buildings and residential colonies including offices of national and multinational companies. MMRDA is going to develop BKC as a smart city and so the international financial centre would be an added advantage.