Viksit Bharat Mumbai Marina Opens ₹922.67-Crore Waterfront Opportunity to Global Bidders
Summary Mumbai Port Authority has invited domestic and international bids for the ₹922.67-crore Viksit Bharat Mumbai Marina at Victoria Dock. The proposed 45-year concession combines yacht berthing with hospitality, sailing, repair and waterfront facilities.…
Mumbai Port Authority has invited domestic and international bids for the ₹922.67-crore Viksit Bharat Mumbai Marina at Victoria Dock. The proposed 45-year concession combines yacht berthing with hospitality, sailing, repair and waterfront facilities. Bids close on 15 December 2026, while the authority has already commenced marine infrastructure works.
The Viksit Bharat Mumbai Marina will be developed through a Design, Build, Finance, Operate and Transfer concession, bringing private participation into a full-service marina and integrated waterfront project within Mumbai’s harbour.
Announced on 21 October, the tender covers a development with 37.3 hectares of protected water area and capacity for 604 yachts at full build-out. Phase I provides for 424 berths.
The project combines facilities for recreational boating with commercial activities on land. Its proposed configuration brings together vessel accommodation, maintenance, training, visitor services and hospitality within a single development framework.
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