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Maharashtra Approves SPV With Prasar Bharati to Build Malad Media Hub

The June blueprint deadline signals a push to repurpose Akashvani land to expand Mumbai’s film production capacity.

Overview

  • On Wednesday, June 3, 2026, Chief Minister Devendra Fadnavis approved forming a Special Purpose Vehicle with Prasar Bharati to jointly develop an integrated film and television media hub in Malad.
  • About 150 of Prasar Bharati’s 278 acres in Malad have been earmarked for the project and the site will be integrated with the adjoining Film City ecosystem.
  • Officials say the hub is planned to host film studios and sound stages, hospitality and tourism projects, IT and ITES facilities, and international‑standard film and music training centres.
  • Development is restricted by Coastal Regulation Zone and No Development Zone rules, so the state has pledged to seek statutory approvals and any regulatory changes needed to proceed.
  • The government has ordered a joint working committee and the appointment of a consultant to produce a pre‑feasibility study, detailed project report and an implementation roadmap with a development blueprint due by the end of June; the project follows a tripartite MoU and rests on how fast clearances and financing are arranged.