In a major boost to India’s digital payments ecosystem, the Mumbai Metropolitan Region Development Authority (MMRDA) has allotted a prime commercial plot in Bandra Kurla Complex (BKC) to the National Payments Corporation of India (NPCI) for its global headquarters. The initiative, led by Chief Minister Devendra Fadnavis, was executed under the leadership of Dr. Sanjay Mukherjee, IAS, Metropolitan Commissioner, MMRDA, in the presence of Skill Development Minister Mangal Prabhat Lodha and IT & Cultural Affairs Minister Ashish Shelar.

The decision was approved during MMRDA’s 158th Authority Meeting, chaired by Deputy Chief Minister Eknath Shinde, aligning with the state’s vision of positioning Mumbai as a global fintech hub. The possession letter for Plot C-44 & C-48 in G-Block, BKC, covering 6,019.10 square meters, was officially handed over to NPCI during the Mumbai Tech Week (MTW) 2025, an AI-focused event hosted by the Maharashtra government. The land has been leased for 80 years to facilitate the establishment of NPCI’s state-of-the-art headquarters.