MUMBAI: Nearly five months after the Royal Western India Turf Club (RWITC) members authorized their managing committee to negotiate terms with the BMC regarding the Mahalaxmi racecourse, a final agreement remains elusive. Sources reveal that the BMC initially proposed terms diverging from those agreed upon between RWITC officials and Chief Minister Eknath Shinde at their meeting last year.
In response, RWITC modified the agreement and submitted a revised version to BMC/Government authorities for approval, awaiting a definitive response. Meanwhile, concerns have surfaced among RWITC members and the public, exacerbated by BMC officials’ statements indicating an impending takeover of the racecourse. “We haven’t received any updates from the managing committee since our approval in January. The lack of transparency regarding negotiations with BMC is frustrating, especially concerning our rights and the terms originally discussed with Iqbal Singh Chahal,” voiced a member anonymously.
The proposed deal outlines the conversion of 120 acres into a garden/theme park, while allocating the remaining 91 acres for RWITC’s racing activities and clubhouse facilities. However, uncertainties persist amidst speculation over potential changes in government following the upcoming state assembly elections in October. RWITC officials are increasingly apprehensive about the future of the racecourse under a new administration, particularly in light of recent statements by Shiv Sena (UBT) leader Aaditya Thackeray hinting at potential policy shifts. Any alteration by BMC under a new regime could jeopardize ongoing plans and operations at the racecourse, impacting the club’s activities significantly. The delay in finalizing the agreement underscores the complexity of negotiations involving public and private stakeholders, highlighting the need for transparent communication and resolution of diverging interests to secure the future of the historic Mahalaxmi racecourse. This comprehensive approach ensures clarity and adherence to journalistic standards, presenting the intricate dynamics of the Mahalaxmi racecourse negotiations in a clear and engaging manner suitable for Indian readership.