FMC to shift offica near SEBI at BKC

After following the footsteps closely in terms of regulation, the Forward Markets Commission (FMC) is now planning to shift its office closure to the equity markets regulator - the Securities & Exchange Board of India (SEBI) - at Bandra Kurla Complex, known as prime business location in Mumbai's western suburb. The office of FMC currently exists near Marine Drive in South Mumbai.

The commodity derivatives markets regulator has invited tender from interested parties for hiring of ready built office premises having carpet areaof about 30,000 square feet [excluding covered/ underground parking area, if any] with all facilities including adequate water and power supply and parking space for at least 15 four-wheelers.

The office premise is required for an initial period of three years which may be renewed from time to time, if required.The premises should be preferably in or nearby Bandra Kurla Complex and should be legally free from all encumbrances, well connected by publictransport and should have wide approach road. Finalization of rent would bebased on location and quality of construction and other amenities provided.While the tender can be submitted by May 15, technical bid will beopened the following day.