29 April,2026 06:57 PM IST | Mumbai | Ronak Mastakar
Pic/MMRDA
The Mumbai Metropolitan Region Development Authority (MMRDA) has moved forward with plans to strengthen social infrastructure in the Bandra-Kurla Complex (BKC) by allocating land parcels to private players for healthcare and education projects. The total investment for the two developments is estimated at over Rs 580 crore.
The allotment letters were handed over by Deputy Chief Minister Eknath Shinde, who also chairs the MMRDA, in the presence of senior officials including Metropolitan Commissioner Sanjay Mukherjee. The land parcels were awarded to Jupiter Lifeline Hospitals and D. Y. Patil Education Group following a competitive bidding process.
One of the key projects involves the development of a multi-speciality hospital by Jupiter Lifeline Hospitals. The company has been allotted the SF-5 plot in BKC's G-Text Block. The land parcel measures over 10,000 square metres, with a permissible built-up area of more than 20,000 square metres.
The bid was accepted at a rate of Rs 1.76 lakh per square metre, translating into a project value of approximately Rs 354 crore. The proposed facility is expected to offer advanced medical services and expand access to tertiary healthcare within the city's commercial district.
The second allocation has been made to the D. Y. Patil Education Group, which will establish an educational centre on the SF-6 plot in the same block. The site spans over 5,100 square metres, with a permissible built-up area exceeding 10,000 square metres.
The bid, valued at around Rs 225 crore, was finalised at Rs 2.19 lakh per square metre. The institution is expected to introduce a range of academic programmes, contributing to the development of an education ecosystem within BKC.
According to officials, both allotments were made through a transparent e-tendering process aligned with established guidelines. The move reflects a broader push to integrate social infrastructure within key commercial zones through public-private partnerships.
MMRDA officials said the initiative is aimed at addressing the imbalance between rapid commercial development and the availability of essential services such as healthcare and education.
The Bandra-Kurla Complex, traditionally known as Mumbai's financial district, is undergoing a shift towards becoming a more comprehensive urban centre. Authorities are positioning it as a "live-work-learn-heal" ecosystem by combining business infrastructure with social amenities.
Maharashtra Chief Minister Devendra Fadnavis said the government is focusing on building inclusive urban clusters where economic growth is supported by high-quality social infrastructure. He noted that such initiatives are part of a broader vision to develop future-ready urban hubs.
"Mumbai's growth hubs are being designed as inclusive, future-ready urban ecosystems where development is not limited to business districts, but extends to quality of life. Through initiatives like this, we are ensuring that Mumbai 3.0 evolves as a city where economic growth is supported by world-class social infrastructure, making our urban centres more inclusive, accessible, and sustainable," Fadnavis said.
Maharashtra Deputy Chief Minister Eknath Shinde said the addition of healthcare and education facilities would make BKC more accessible and citizen-centric, while also improving the quality of life for those working and residing in the area.
"Bandra-Kurla Complex is not just India's premier financial district, but is now evolving into a holistic urban destination that integrates economic growth with quality of life. The development of world-class healthcare and educational facilities through this land allotment will ensure that BKC becomes more inclusive, citizen-centric, and future-ready. These projects will significantly enhance access to high-quality social infrastructure for Mumbai's citizens," Shinde said.
MMRDA Commissioner Sanjay Mukherjee emphasised that the authority is shifting towards a more integrated model of urban development, where infrastructure projects are complemented by essential services at scale.
"At MMRDA, we are consciously moving from isolated infrastructure creation to building complete urban ecosystems. This allotment ensures that BKC's growth is balanced with world-class healthcare and education facilities. It is about correcting the gap between economic development and social infrastructure - at scale and with intent. The land allotment has been carried out through a transparent e-tendering process in accordance with CVC guidelines," Mukherjee said.
