Sebi’s Mumbai space quest ends, MMRDA allots BKC plot
Business Standard
|December 24, 2025
MMRDA allots BKC plot
The stock market regulator’s future expansion plans have got a fillip with the Mumbai Metropolitan Region Development Authority (MMRDA) allotting it a new plot close to its headquarters in Mumbai’s tony financial hub, Bandra Kurla complex or BKC.
The Securities and Exchange Board of India (Sebi) had been on the lookout for a land parcel to ramp up its operations, overseeing India’s fast-expanding securities market, for a while now. That quest has now ended with the MMRDA conveying to Sebi that it has decided to set aside a 4,000 square metre plot for the regulator for a sum of ₹800 crore, according to a source aware of the development. The allotment is being done at a concessional rate offered to similar institutions.
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