The first phase of the Balasaheb Thackeray Rashtriya Smarak at Mayor’s Bungalow premises in Dadar has been completed on Wednesday, the Mumbai Metropolitan Region Development Authority (MMRDA) stated in a press release. The first phase comprised the renovation and preservation of the cultural heritage of the Mumbai Mayor's bungalow building and its conversion into a museum. Additionally, the construction of the entrance building, admin block, and interpretation centre has also been completed. MMRDA had appointed M/s Abha Narain Lambah Associates as the consultant and Tata Projects Ltd as the contractor for the Phase-1 work, which costs Rs 180.99 crore.

Under heritage conservation, civil and electrical works are carried out for internal and external parts of the structure.