Kamal Ghorui
The Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) seeking allotment of land in Bandra Kurla Complex (BKC) as part of plans to expand its operational presence in Mumbai, PTI reported.In a statement on Saturday, MMRDA said BSE Managing Director and CEO Sundararaman Ramamurthy and Chief Regulatory Officer Kamala Kantharaj recently met Metropolitan Commissioner Sanjay Mukherjee to discuss the identification of a suitable land parcel in the financial district for the proposed expansion.“MMRDA is focused on strengthening Mumbai’s commercial infrastructure by facilitating such strategic investments,” the authority said in the statement, adding that it looks forward to working closely with BSE to identify and finalise a suitable land parcel.According to the authority, the proposed expansion is expected to further strengthen Mumbai’s position as India’s financial capital while supporting commercial and institutional growth in the BKC business district.The development comes shortly after the National Stock Exchange (NSE) expanded its presence in BKC, reinforcing the area’s status as one of the country’s most prominent financial and commercial hubs.MMRDA noted that BKC has seen rising interest from major financial institutions, multinational corporations and global investment firms in recent years as they seek to establish operations in the district.
