India, April 6 -- The Mumbai Metropolitan Region Development Authority (MMRDA) said in a statement on April 6 that it has allotted a new plot of 5,500 sq m to the National Stock Exchange of India (NSE) in the commercial hub of Bandra-Kurla Complex (BKC) for Rs.757.9 crore.

The newly allotted land on plot number C-82 in the 'G' Block of BKC spans 5,500 sq m and allows for a built-up area of 22,000 sq m under a permissible FSI of 4.00. The authority said the plot will be leased for 80 years at a premium of Rs.757.90 crore and will be used to construct a new administrative building for the exchange.

The request for the new plot was made by NSE on October 11, 2024, seeking additional space for its operations. The allocated plot has scope fo...