Skip to content
The Mumbai

Mumbai: BMC Gets ₹470-Crore Top Bid For Lower Parel Plot, Skystead Constructions Emerges Highest Bidder

Mumbai: BMC Gets ₹470-Crore Top Bid For Lower Parel Plot, Skystead Constructions Emerges Highest Bidder
Photo: Free Press Journal · view original

Mumbai, October 19, 2026: A BMC-owned 5,166-square-metre plot in Lower Parel, currently housing the civic body’s testing laboratory, has attracted a top bid of Rs 470 crore from Skystead Constructions LLP. The civic administration has proposed a 30-year lease, extendable by another 30 years under...

Sources and story details