MMRDA invites bids for tallest building in India

The Mumbai Metropolitan Region Development Authority (MMRDA) today invited pre-qualification bids for constructing of what would be the tallest building in India with 101 floors at Wadala.

The ‘iconic’ building, with a height of 526 metre or 1725 feet, will come up on a plot ad-measuring 1.4 lakh sq metre and is estimated to cost Rs 4,000 crore.

MMRDA, a Maharashtra government undertaking, told Chief Minister Ashok Chavan early this year that the building would have a built-up area of about 60 lakh square metre. The proposed building will come up alongside an inter state bus terminal. “Considering the growing demand for premium built up space in Mumbai, Maharashtra government desires to develop an iconic building that will acquire the status of among 10 tallest buildings in the world,” MMRDA said in its global invitation for pre-qualification of bidders for the project.

Once completed, it will be the third tallest building in the world behind that of Burj Dubai (over 2,000 feet) and Freedom Tower in New York (1,776 feet), both of which are under construction.

The bus terminal and the building will be on design, build, own, operate and transfer (DBOOT) basis under public-private partnership format.

The government agency will be holding a pre-bid meeting with the interested parties on June 18. Pre-qualification bids required to be submitted before July 2, the invitation document said.