Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) to allot land in Bandra Kurla Complex (BKC) as part of its plan to expand its operational presence in Mumbai, PTI reported.In a statement on Saturday, MMRDA said BSE Managing Director and CEO Sundararaman Ramamurthy and Chief Regulatory Officer Kamla Kanthraj recently met Metropolitan Commissioner Sanjay Mukherjee to discuss identification of suitable land parcels in the financial district for the proposed expansion.“MMRDA is focused on strengthening Mumbai’s commercial infrastructure by facilitating such strategic investments,” the authority said in the statement. He said he looks forward to working closely with BSE to identify and finalize suitable land parcels.According to the authority, the proposed expansion is expected to further strengthen Mumbai’s position as the financial capital of India while supporting commercial and institutional growth in the BKC business district.The development comes soon after the National Stock Exchange (NSE) expanded its presence in BKC, strengthening the area’s position as one of the country’s foremost financial and commercial centres.MMRDA said BKC has seen increasing interest in recent years from major financial institutions, multinational corporations and global investment firms as they look to set up operations in the district.
