The Brihanmumbai Municipal Corporation (BMC) has rolled out an ambitious proposal to redevelop 47 markets across the city. These initiatives are not just about revamping infrastructure but also focus on branding and modernising market spaces to attract more business and create sustainable environments that benefit both vendors and consumers. Out of the 47 markets slated for redevelopment, 14 will be managed internally by the BMC, while 20 will be redeveloped under the Public-Private Partnership (PPP) model.
Some key markets under the PPP plan include Pali Market in Bandra West, Park Site Market in Ghatkopar, and Tilak Nagar Market in Chembur. According to BMC officials, the proposal is centred on creating market spaces that enhance the aesthetic appeal, functionality, and economic viability of these traditional hubs. Efforts include upgrading infrastructure such as dedicated loading and unloading platforms, streamlined commodity arrangements, and the installation of passenger and goods lifts for easier mobility within market spaces.
Currently, the redevelopment of four markets is under construction, including the iconic Mahatma Jotiba Phule Market (Phase II) in South Mumbai and Shirodkar Municipal Market in Parel. Four other markets, including Bandra Town Market and Krantisinh Nana Patil Market in Dadar, are at the tender approval stage, with 12 more markets in the planning phase. One of the key aspects of this redevelopment is aligning the projects with sustainability goals. Market-generated waste, including animal by-products like offal and feathers, will be repurposed into valuable resources.
Additionally, recycling systems for garbage will be installed in each market. These efforts will ensure that the markets remain both eco-friendly and economically viable. The infrastructure overhaul will also focus on improving crowd management, with wider internal passages and improved natural light and ventilation through increased building height. Cold storage facilities for perishables like chicken, mutton, and fish will be provided in all suburban markets to maintain quality. Other facilities such as proper drainage, parking, and garbage chutes will be integrated to enhance the cleanliness and functionality of the markets.
“An increase in stall charges and rent will be necessary to generate revenue for maintaining these upgraded markets in the long term,” stated a BMC market department official. The civic body also plans to develop policies for renting out extra space created through redevelopment, helping to offset future maintenance costs. To ensure transparency in allotment, the BMC will implement an online system for vendors and project-affected persons (PAPs). Moreover, CCTV cameras will be installed in all markets to enhance security, prevent illegal activities, and regulate space usage by licensees. The BMC’s redevelopment plan promises to transform these markets into modern, efficient, and secure spaces, marking a significant step toward sustainable urban development in Mumbai.
