The tender covers more than 20,000sqft, comprising 13 commercial blocks and 26 kiosks. (File Photo)
MUMBAI: From fast-food chains and pod hotels to fashion retailers and office operators, businesses are eyeing Mumbai’s Metro stations as new commercial hubs, with the latest tender expected to generate at least Rs 5 crore a year in rental revenue for Maha Mumbai Metro Operation Corporation Ltd (MMMOCL). Over 10 years, the cumulative revenue could cross Rs 50 crore, with rents likely to increase during the lease period. The response offers an indication of the commercial value of Metro stations, where businesses can tap into a steady stream of commuters rather than relying solely on destination shoppers. Bids have come from McDonald’s, pod hotel operators, fashion and accessories businesses, office operators, retail outlets and other passenger-oriented services. Several bidders have also bid for multiple locations, suggesting interest in building a presence across the Metro network. You Can Also Check: Gold Rate in Mumbai | Silver Rate in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Mumbai AQI | Weather in Mumbai | Petrol Price in Mumbai | Diesel Price in Mumbai | CNG Price in Mumbai | LPG Price in Mumbai