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MMRC cancels tender for Nariman Point land development after RBI's request

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....MRC cancels tender for Nariman Point land development after RBI's request <br>News and Press Release<br>Dated:- 20-1-2025<br>PTI<BR>Mumbai, Jan 20 (PTI) The Mumbai Metro Rail Corporation on Monday sai....

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....d it has cancelled a tender for property development at Nariman Point, a premium business district in south Mumbai, on the request of Reserve Bank of India (RBI). The MMRC board cancelled the project....

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.... on receiving "a formal request from the Reserve Bank of India (RBI) for land at Nariman Point for their offices", a release said. "Subsequent to RBI's request for this land parcel, the MMRC Board ha....

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....s approved to consider the proposal appropriately," the MMRC release stated. MMRC is executing Mumbai's only underground metro rail corridor between Colaba-BKC-Aarey. The release said MMRC had issue....

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....d a Request for Proposal (RFP) for property development at this premium location via the CPPP Portal on October 3, 2024. The RFP was widely disseminated through publications in prominent national and....

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.... international newspapers and MMRC had also conducted outreach through roadshows in Mumbai, Bengaluru, and Delhi in the month of October and November, it added. MMRC spokesperson Vaidehi More did not....

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.... provide details about the size of the land parcel. PTI KK BNM<BR> News - Press release - PIB....