World-Class Marina to Come Up at Mumbai Harbour Under Hybrid Model

The Central government has approved the construction of a world-class marina at Mumbai Harbour with an estimated investment of INR 887 crore. The clearance was confirmed in an official statement issued on Wednesday, December 17. The project will strengthen coastal infrastructure and support marine tourism in the city.

The marina will be developed using a hybrid model that combines public funding with private participation. Under this plan, the Mumbai Port Authority will be responsible for building the core marine infrastructure. The onshore facilities will be developed by a private commercial operator.

The Mumbai Port Authority will invest around INR 470 crore in the project. This will be used to construct the essential marina infrastructure on an engineering, procurement, and construction basis. The work will include berthing facilities, navigation systems, and other operational amenities within the port area.

The remaining INR 417 crore will be invested by a private developer. This amount will be used to develop onshore facilities for boat owners and visitors. These facilities will include commercial spaces, hospitality services, and support infrastructure linked to marina operations.

According to the statement, the investment proposal submitted by the Mumbai Port Authority has been formally approved by the concerned ministry. The tendering process for the project has already started. The deadline for submitting bids has been set for December 29, 2025.

The marina will cover 12 hectares of water area. It will have the capacity to accommodate 424 vessels. The marine infrastructure will include an approach trestle, a piling breakwater, service platforms, floating pontoons, and gangways. 

The government estimates that the project will generate more than 2,000 direct and indirect jobs from marina operations, recreational boating, cruise services, hospitality, maintenance, and allied sectors. The project is also expected to encourage greater private participation in coastal development.