India, Sept. 12 -- The Mumbai Port Authority's (MbPA) plan to lease 28 plots on Mumbai's eastern waterfront has hit a speed bump. The Expression of Interest (EOI) floated by the port authority in August has received a poor response, prompting it to extend the deadline by a month.
Ten entities have responded to the EOI, the original deadline being September 11. "Many companies have made inquiries but we have received only ten serious proposals. Hence, we have decided to extend the EOI by a month,'' said a senior MbPA official.
The MbPA is one of Mumbai's biggest landlords, owning vast stretches of land along the waterfront from Colaba to Wadala. Its plan to lease these 28 plots, collectively covering 215 acres, was first reported in HT o...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.