Bandra-Kurla complex
Encyclopedia
The Bandra Kurla
Complex (commonly abbreviated as BKC) is a planned commercial complex in the suburbs of the India
n city of Mumbai
(Bombay). According to MMRDA, the complex is the first of a series of "growth centres" created to "arrest further concentration" of offices and commercial activities in South Mumbai
. It is expected to decongest southern Mumbai and seed new areas of planned commercial real estate in the metropolitan region.
The complex was built on marshy land on the north side of Mahim Creek
and is bound by the suburbs of Kurla
in the east and Bandra in the west. Santacruz lies to its North.
Currently, BKC houses a number of commercial buildings including NABARD Head Office, IL&FS, Asian Heart Institute, Dow Chemicals, ICICI Bank
, Citibank, Bharat Diamond Bourse
, Dhirubhai Ambani International School
, American School of Bombay & Fortune 500. It also is home to the Mumbai Cricket Association
's cricket ground.
There are approximately 400,000 (4 Lakh) people working in various office throughout the BKC.
In 1977, the MMRDA was appointed as the Special Planning Authority for planning and development of this complex. It covers 370 ha. area of once low-lying land on either side of the Mithi river, Vakola Nalla and Mahim Creek. The area had poor surface drainage and was severely affected by pollution in the Mahim Creek. One of the important features of the channelisation of Mithi river and Vakola nalla was to improve water carrying capacity and reduce pollution. Mithi River for about 4.5 km. of its length from Mahim Causeway to C.S.T. Road Bridge and its tributary Vakola Nalla, for 2.5 km. of its length, have been channelised for an average 60 m. and 40 m. bed widths respectively, thereby improving the hydraulic features of these two important water courses in the BKC area.
The commercial development in BKC includes private and government offices (state and central), banks, wholesale establishments, etc. and will provide ultimately about 200000 jobs in the area. The MMRDA has so far developed 19 ha. of marshy land in 'E' Block where a number of office buildings have been constructed. These buildings together provide an office space of 174,000 sq.m. with a potential to accommodate 17,400 jobs. In this block an Urban Plaza and Park has been developed on an area of about 22500 sq.m. this park is named as CITY PARK.
Artists that have performed at the complex include 50 Cent
, Beyoncé, Iron Maiden
, Shakira
and Roger Waters
, among others.
and Lokmanya Tilak Terminus
, respectively) in their vicinity on the Western and Central lines respectively, of the Mumbai Suburban Railway
.
In addition to the suburban railway, the upcoming Line II of Phase 1 of the Mumbai Metro
project will pass through the IFBC and will have 4 stations near and within BKC (i.e., MMRDA, Income Tax Office, Bharat Nagar and Complex Road), other than Bandra (Metro) and Kurla (Metro) stations.
Other than the above rail links, BKC can also be easily accessed through the Western Express Highway
, a major expressway in Mumbai, via the Kalanagar Junction and BKC Road, which passes through the IFBC.
In order to provide space in terms of open grounds for arranging various exhibitions, events etc. open plots are made available on rent to these organizers.
Currently MMRDA has invited bids for allotment of 5 commercial plots, 3 residential plots and 2 plots for hotel purpose.
Kurla
Kurla is a suburb of Mumbai. It is also the name of one the busiest railway stations on the Mumbai suburban railway on the central and harbour railway lines of Mumbai...
Complex (commonly abbreviated as BKC) is a planned commercial complex in the suburbs of the India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n city of Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
(Bombay). According to MMRDA, the complex is the first of a series of "growth centres" created to "arrest further concentration" of offices and commercial activities in South Mumbai
South Mumbai
South Mumbai , sometimes incorrectly referred to by English Media as "SoBo" , the southern-most precinct of the city of Mumbai, India, comprises the city's main business localities and its adjoining areas...
. It is expected to decongest southern Mumbai and seed new areas of planned commercial real estate in the metropolitan region.
The complex was built on marshy land on the north side of Mahim Creek
Mahim Creek
Mahim Creek is a creek in Mumbai, India. The Mithi River drains into the creek which drains into the Mahim Bay. The creek forms the boundary between the city and suburbs...
and is bound by the suburbs of Kurla
Kurla
Kurla is a suburb of Mumbai. It is also the name of one the busiest railway stations on the Mumbai suburban railway on the central and harbour railway lines of Mumbai...
in the east and Bandra in the west. Santacruz lies to its North.
Currently, BKC houses a number of commercial buildings including NABARD Head Office, IL&FS, Asian Heart Institute, Dow Chemicals, ICICI Bank
ICICI Bank
ICICI Bank Ltd. is India's second largest financial services company headquartered in Mumbai, India. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of...
, Citibank, Bharat Diamond Bourse
Bharat Diamond Bourse
Bharat Diamond Bourse is world largest diamond bourse based in Mumbai, Maharashtra, India. Spread over 20 acre plot, the Complex is designed to house around 2,500 small and large Diamond Traders in addition to Custom House, Banks and other service providers who will cater to the Gem and Jewellery...
, Dhirubhai Ambani International School
Dhirubhai Ambani International School
The Dhirubhai Ambani International School is a private co-educational LKG-12 day school in Mumbai, Maharashtra, India, built by Reliance Industries, named after the late patriarch of the conglomerate, Dhirubhai Ambani. Dhirubhai Ambani International School was established in 2003 and has been an...
, American School of Bombay & Fortune 500. It also is home to the Mumbai Cricket Association
Mumbai Cricket Association
The Mumbai cricket Association or MCA is the governing body for cricket in Mumbai and its surrounding regions like Thane and Navi Mumbai. The association comes under west zone .The Association was established in 1930 and has a sound ConstitutionThe Mumbai cricket team is the team for The Mumbai...
's cricket ground.
There are approximately 400,000 (4 Lakh) people working in various office throughout the BKC.
History
The MMRDA was appointed as the "Special Planning Authority" for planning and developing the Bandra-Kurla complex in 1977.In 1977, the MMRDA was appointed as the Special Planning Authority for planning and development of this complex. It covers 370 ha. area of once low-lying land on either side of the Mithi river, Vakola Nalla and Mahim Creek. The area had poor surface drainage and was severely affected by pollution in the Mahim Creek. One of the important features of the channelisation of Mithi river and Vakola nalla was to improve water carrying capacity and reduce pollution. Mithi River for about 4.5 km. of its length from Mahim Causeway to C.S.T. Road Bridge and its tributary Vakola Nalla, for 2.5 km. of its length, have been channelised for an average 60 m. and 40 m. bed widths respectively, thereby improving the hydraulic features of these two important water courses in the BKC area.
The commercial development in BKC includes private and government offices (state and central), banks, wholesale establishments, etc. and will provide ultimately about 200000 jobs in the area. The MMRDA has so far developed 19 ha. of marshy land in 'E' Block where a number of office buildings have been constructed. These buildings together provide an office space of 174,000 sq.m. with a potential to accommodate 17,400 jobs. In this block an Urban Plaza and Park has been developed on an area of about 22500 sq.m. this park is named as CITY PARK.
Artists that have performed at the complex include 50 Cent
50 Cent
Curtis James Jackson III , better known by his stage name 50 Cent, is an American rapper, entrepreneur, investor, record producer, and actor. He rose to fame with the release of his albums Get Rich or Die Tryin and The Massacre . Get Rich or Die Tryin has been certified eight times platinum by...
, Beyoncé, Iron Maiden
Iron Maiden
Iron Maiden are an English heavy metal band from Leyton in east London, formed in 1975 by bassist and primary songwriter Steve Harris. Since their inception, the band's discography has grown to include a total of thirty-six albums: fifteen studio albums; eleven live albums; four EPs; and six...
, Shakira
Shakira
Shakira Isabel Mebarak Ripoll , known professionally as Shakira , is a Colombian singer who emerged in the music scene of Colombia and Latin America in the early 1990s...
and Roger Waters
Roger Waters
George Roger Waters is an English musician, singer-songwriter and composer. He was a founding member of the progressive rock band Pink Floyd, serving as bassist and co-lead vocalist. Following the departure of bandmate Syd Barrett in 1968, Waters became the band's lyricist, principal songwriter...
, among others.
G Block and International Finance and Business Center (IFBC)
Besides the development in 'E' Block, the focus of development of activities has also moved to the adjoining 'G' Block where a new International Finance and Business Center is planned.Objectives
The main objective of International Finance and Business Centre (IFBC) planning is to create new office locations of international standards, ensuring easy accessibility and high quality of amenities for employees, safe environment and a distinct character and image. In order to ensure some life in the area even after offer office hours, a mix of activities has also been envisaged.Accessibility
The basic consideration of the IFBC plan is accessibility to the area. The considerations of accessibility and orientation have shaped the overall master plan of IFBC. It is a part of the 'G' Block of Bandra Kurla Complex, which is located between Bandra and Kurla, both of which are major railway stations and have railway termini (Bandra TerminusBandra Terminus
Bandra Terminus is a newly built terminus in Bandra from where trains bound for northern and western India are scheduled regularly. It is one of the Five Railway Terminus within Mumbai City. The other four Terminus are- Mumbai CST, Mumbai Central, Lokmanya Tilak Terminus and Dadar...
and Lokmanya Tilak Terminus
Lokmanya Tilak Terminus
Lokmanya Tilak Terminus , formerly known as Kurla Terminus , is a railhead in a suburb of Mumbai, India. LTT is managed by the Central Railway...
, respectively) in their vicinity on the Western and Central lines respectively, of the Mumbai Suburban Railway
Mumbai Suburban Railway
The Mumbai Suburban Railway system, part of the public transport system of Mumbai, is provided for by the state-run Indian Railways' two zonal Western Railways and Central Railways. The system carries more than 6.99 million commuters on a daily basis. It has the highest passenger densities of any...
.
In addition to the suburban railway, the upcoming Line II of Phase 1 of the Mumbai Metro
Mumbai Metro
The Mumbai Metro is a rapid transit system being built in Mumbai, India's largest city. The system is designed to reduce the rapidly-growing city's congestion problems, and will be built in three phases over a 15-year period, with overall completion expected in 2021...
project will pass through the IFBC and will have 4 stations near and within BKC (i.e., MMRDA, Income Tax Office, Bharat Nagar and Complex Road), other than Bandra (Metro) and Kurla (Metro) stations.
Other than the above rail links, BKC can also be easily accessed through the Western Express Highway
Western Express Highway
The Western Express Highway is a major north-south 8-10 lane arterial road in Mumbai, India, stretching from the suburb of Bandra to Dahisar. The highway begins near the Mahim Creek and extends to the Mira-Dahisar toll booth in the northern limit of the city. Beyond the city limits, it continues...
, a major expressway in Mumbai, via the Kalanagar Junction and BKC Road, which passes through the IFBC.
Land Use
About 42 per cent of the land area of the plan is earmarked for commercial use and 14 per cent for housing. One of the important features of the area is preservation of large open spaces surrounding various public centers. This is expected to be the focal point of activities and a major attraction of the area. A large utility complex is proposed to be developed. It will provide space for various public and commercial utilities, small offices for professionals, car parks, bus stands and taxi stands. Parking demand expected in the area is about 15,000. To provide for such parking requirement, two level basement parking is permitted for all buildings. Public parking is also proposed in the form of conveniently located multi-storied and underground garages.In order to provide space in terms of open grounds for arranging various exhibitions, events etc. open plots are made available on rent to these organizers.
Development till date and in future
A number of offices and residential buildings and three schools have been constructed and occupied. Construction of other buildings is in an advanced stage of completion. Most of the infrastructure services work including water supply, sewerage, telephone, gas, storm water, and electricity is completed. CNG and Petrol Pump outlet are operational. Mahim Nature Park is development in ‘H’ block of the complex.Currently MMRDA has invited bids for allotment of 5 commercial plots, 3 residential plots and 2 plots for hotel purpose.
Notable institutions located in the IFBC
- National Stock ExchangeNational Stock ExchangeThe National Stock Exchange is an electronic stock exchange located in Chicago, Illinois. It was founded March 1885 in Cincinnati, Ohio, as the Cincinnati Stock Exchange. In 1976, it closed its physical trading floor and became an all-electronic stock market...
- Bharat Diamond BourseBharat Diamond BourseBharat Diamond Bourse is world largest diamond bourse based in Mumbai, Maharashtra, India. Spread over 20 acre plot, the Complex is designed to house around 2,500 small and large Diamond Traders in addition to Custom House, Banks and other service providers who will cater to the Gem and Jewellery...
- NABARD
- SEBI
- IL&FS
- ICICI BankICICI BankICICI Bank Ltd. is India's second largest financial services company headquartered in Mumbai, India. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of...
- UTIUTIUTI may refer to:* Uniform Type Identifier, a string defined by Apple Inc. that uniquely identifies the type of a class of items* Urinary tract infection, a bacterial infection that affects any part of the urinary tract...
- Standard Chartered BankStandard Chartered BankStandard Chartered PLC is a multinational financial services company headquartered in London, United Kingdom with operations in more than seventy countries...
- Dena BankDena BankDena Bank is one of the earliest banks in India headquartered in Mumbai.-History:* Dena Bank was founded by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd....
- State Bank of IndiaState Bank of IndiaThe State Bank of India is the largest Indian banking and financial services company with its headquarters in Mumbai, India. It is state-owned. The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest...
- CitibankCitibankCitibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York...
- JPMorgan Chase
- Bank of BarodaBank of BarodaBank of Baroda is the third largest bank in India, after the State Bank of India and the Punjab National Bank and ahead of ICICI Bank. BoB is ranked 763 in Forbes Global 2000 list. BoB has total assets in excess of Rs. 3.58 lakh crores, or Rs. 3,583 billion, a network of over 3,409 branches and...
- Bank of IndiaBank of IndiaBank of India is a state-owned commercial bank with headquarters in Mumbai. Government-owned since nationalization in 1969, It is India's 4th largest bank, after State Bank of India, Punjab National Bank and Bank of Baroda. It has 3415 branches, including 29 branches outside India...
- SIDBISIDBISmall Industries Development Bank of India is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India. Set up on April 2, 1990 through an act of parliament, it was incorporated initially as a wholly owned subsidiary of...
- Canara BankCanara BankCanara Bank is a state-owned financial services company in India. It was established in 1906, making it one of the oldest banks in the country. As on 2009 November, the bank had a network of 3057 branches, spread across India...
- Trident Hotel
- Mumbai Cricket AssociationMumbai Cricket AssociationThe Mumbai cricket Association or MCA is the governing body for cricket in Mumbai and its surrounding regions like Thane and Navi Mumbai. The association comes under west zone .The Association was established in 1930 and has a sound ConstitutionThe Mumbai cricket team is the team for The Mumbai...
- MTNL Telephone Exchange
- Dhirubhai Ambani International SchoolDhirubhai Ambani International SchoolThe Dhirubhai Ambani International School is a private co-educational LKG-12 day school in Mumbai, Maharashtra, India, built by Reliance Industries, named after the late patriarch of the conglomerate, Dhirubhai Ambani. Dhirubhai Ambani International School was established in 2003 and has been an...
- IDBI BankIDBI BankThe IDBI Bank Limited is one of India's leading public sector banks and 4th largest Bank in overall ratings. RBI categorised IDBI as an "other public sector bank". It was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian...
- TPGTPGTPG may refer to:Companies* TPG Capital, private equity firm* TPG Telecom, telecommunications company* Geneva Public Transport , public transportation system operator in Geneva Canton, Switzerland...
- ING Vyasya Bank
External links
- http://www.bandrakurlacomplex.com (http://www.bandrakurlacomplex.com currently in development)
- Most complex online directory for the BKC (currently in development)
- Pictures of Bandra Kurla Complex
- Page on Bandra-Kurla complex on MMRDA website
- Another page about Bandra-Kurla complex