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Congress criticises MMRCL over sale of Nariman Point plot to RBI, terms move arbitrary

Party spokesperson Sachin Sawant, in a statement posted on social media, said the transaction bypassed the due tender process, leading to what he described as a significant financial loss for the state exchequer

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Sachin Sawant. Pic/X

Sachin Sawant. Pic/X

Maharashtra Congress has strongly objected to the Mumbai Metro Rail Corporation Limited’s (MMRCL) decision to sell a 4.2-acre plot at Nariman Point to the Reserve Bank of India (RBI), alleging that the move was executed in an arbitrary manner and without transparency.

Party spokesperson Sachin Sawant, in a statement posted on social media, said the transaction bypassed the due tender process, leading to what he described as a significant financial loss for the state exchequer. “The sale of this land without a competitive bidding process has caused an estimated loss of around Rs 1,800 crore,” Sawant claimed.

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