Question 1

What are the key details for the project “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai”?

Accepted Answer

The project “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai” is an infrastructure initiative in the Mass Transit sector, located in Mumbai, Maharashtra, India. Taiyo aggregates data on it from Hindustan Times.

Question 2

What is the latest status of the project “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai”?

Accepted Answer

The status recorded for “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai” is planned.

Question 3

What is the budget and commercial profile for the project “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai”?

Accepted Answer

Taiyo normalizes the budget of “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai” to USD 193856780.

Question 4

Where can I verify the source and access all details for “Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai”?

Accepted Answer

This Taiyo project page references Hindustan Times along with the original URL (https://www.hindustantimes.com/real-estate/rbi-invites-bids-to-develop-1-586-crore-central-office-building-at-mumbais-nariman-point-101784009540915.html). Taiyo standardizes official data into a consistent, searchable project profile.

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Description	The Reserve Bank of India (RBI) plans to construct a new central office building at Nariman Point in South Mumbai on a 4.2-acre land parcel acquired from Mumbai Metro Rail Corporation Ltd. (MMRCL) for ₹3,472 crore. The project is estimated to cost ₹1,586 crore and will be executed on a Design and Build basis through a two-stage, two-envelope techno-commercial bidding process. The construction period is specified as 60 months, including the monsoon season. The project aims to create a modern office complex in one of India's most prestigious business districts, with a development potential of nearly 16 lakh sq ft including rehabilitation components.
Original sector	Real Estate
Budget

Record type	Project
Sector	Mass Transit, Rail, Commercial, Residential
Article published date	2026-07-17

Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai

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Country	India
State	Maharashtra
City	Mumbai

Development of New Central Office Building for Reserve Bank of India at Nariman Point, Mumbai

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