Jawaharlal Nehru Port Authority (JNPA), India’s Best Performing Port, announced the development of a Corporate Office Building at Malet Bunder in the Mumbai Port area, during a media briefing on Tuesday addressed by Mr Unmesh Sharad Wagh, IRS, Chairperson, JNPA and CMD, VPPL. JNPA has received in-principle approval from the Ministry of Ports, Shipping & Waterways (MoPSW) for the project.
JNPA also celebrated its record handling of 7 million TEUs with a cake-cutting ceremony in the presence of media representatives. The landmark, achieved on March 17, 2025, signifies JNPA’s operational excellence and its terminal operators’ hard work, emphasised a release.
Said Mr Wagh: “This year, we crossed the 7 million TEU mark for the first time—a reflection of our growth. Our terminal operators are doing an excellent job, and the collaborative efforts across the port ecosystem have contributed to this success. Soon, with the commissioning of Fourth Container Terminal Phase Two, JNPA will become India’s first port having a container handling capacity of more than 10 million TEUs.”
“We continue to advance our infrastructure to support growing trade demands. JNPA’s vision for excellence extends beyond port operations to creating world class infrastructure. The development of our Corporate Office at Malet Bunder in the Mumbai Port area reflects our commitment to efficiency and seamless coordination,” he added.
Need for corporate office in Mumbai
JNPA plans to develop an iconic high-rise building of more than 20 floors. The site for the proposed corporate office is at Malet Bunder Road, adjacent to Ferry Wharf and the Domestic Cruise Terminal area of Mumbai Port. Mumbai Port Authority (MbPA) has issued an allotment to lease a plot measuring 12,804 sq. m. (3.16 acre) to JNPA. The proposed building will be the Corporate Office of JNPA and Vadhvan Port Project Ltd (VPPL), the latter developing India’s first mega port, which needs a corporate office in Mumbai. The building would also have offices of port allied organisations like DG Shipping, IPGL and IPRCL.
It will have a digital observatory on the top floor, besides a state-of-the-art auditorium with 2,000 pax capacity on the ground floor. The other floors will house the corporate offices of JNPA, Vadhvan Port Project Ltd, and Central and State government offices. Space could also be allotted to PPP operators as deemed appropriate. The building will be developed completely as per the highest-rated Green standards.
The total project cost would be to the tune of approximately Rs 1,000 crore including land, building, interior and amenities. The building is being designed with an FSI of 4.0 and the construction area will be around 9 lakh square feet. JNPA has appointed Engineers India Limited (EIL) for complete project development consultancy, including detailed design, engineering, construction and project management services. The target is to complete the building in two years after obtaining the requisite approvals and permissions.
JNPA has also offered space to the State government, which showed interest during initial talks. A formal letter in this regard will be sent soon.
JNPA remains focused on further enhancing efficiency and facilitating trade with its upcoming projects like Vadhvan Port, the release added.
Source: Exim News Service: mumbai, March 25