Particle.news
Download on the App Store

BSE Seeks BKC Land From MMRDA to Expand Mumbai Operations

MMRDA is evaluating the proposal to identify a suitable plot in the financial district.

Overview

  • BSE formally approached the Mumbai development authority for a land allotment in Bandra Kurla Complex to support an expansion of its presence in the city.
  • Sundararaman Ramamurthy and Kamala Kantharaj of BSE met Metropolitan Commissioner Sanjay Mukherjee to discuss locating an appropriate parcel.
  • MMRDA said it looks forward to working with BSE to identify and finalise a site, with the request currently under evaluation and no plot yet allocated.
  • The exchange’s plan envisions additional space for regulatory, trading and technology functions to bolster its operational capacity.
  • The move follows the NSE’s recent expansion in BKC and aligns with rising demand for premium office space in the district.