The Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) requesting the allotment of land in Bandra Kurla Complex (BKC) as part of its plan to expand its operations in Mumbai.
According to a statement from the exchange, BSE’s Managing Director and CEO Sundararaman Ramamurthy, along with Chief Regulatory Officer Kamala Kantharaj, met Sanjay Mukherjee, Metropolitan Commissioner of MMRDA, to discuss identifying a suitable land parcel in BKC for the proposed expansion.
The move comes after the National Stock Exchange (NSE) expanded its presence in the area last year, further strengthening the district’s role as a major financial hub.
Bandra Kurla Complex has increasingly attracted interest from leading financial institutions, multinational corporations, and global investment firms looking to establish operations in the district. The growing demand highlights BKC’s strategic location, modern infrastructure, and its emergence as the centre of India’s financial ecosystem.
MMRDA stated that it is focused on strengthening Mumbai’s commercial infrastructure by supporting such strategic investments. The authority also indicated its willingness to work closely with BSE to identify a suitable land parcel and finalise its allocation.
The proposed expansion is expected to further reinforce Mumbai’s position as India’s financial capital while boosting commercial and institutional growth within BKC.
In a related development, the Mumbai Metropolitan Region Development Authority had earlier allotted an additional land parcel of 5,500 sq m to the National Stock Exchange of India in BKC for ₹757.9 crore in April 2025.
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