The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated a premium commercial plot in Bandra Kurla Complex (BKC) to the National Payments Corporation of India (NPCI) for its new global headquarters, further cementing Mumbai’s status as a fintech and digital payments hub.
This decision was formalised during MMRDA’s 158th Authority Meeting, chaired by Maharashtra Deputy Chief Minister Eknath Shinde. The official possession letter for the 6,019.10 sqm plot in BKC’s G-Block was handed over to NPCI during Mumbai Tech Week 2025.
NPCI, which powers India’s digital payment infrastructure through platforms like UPI, RuPay, IMPS, and AePS, is set to leverage this new headquarters to drive innovation in fintech, artificial intelligence, and cybersecurity. The move is expected to attract startups, investors, and global financial institutions to Mumbai’s financial district.
Maharashtra Chief Minister Devendra Fadnavis emphasized NPCI’s role in making India a global leader in digital payments, stating: “The establishment of NPCI’s headquarters in BKC will not only strengthen Mumbai’s fintech landscape but also create new opportunities for innovation and job growth in the sector.”
Deputy Chief Minister and MMRDA Chairman Eknath Shinde highlighted Mumbai’s growing stature as a financial hub, saying: “MMRDA has been pivotal in shaping Mumbai as a global fintech and financial hub. Allocating this prime space in BKC to NPCI aligns with our vision of fortifying India’s digital payments ecosystem. With this strategic move, NPCI will continue to drive fintech innovation while reinforcing the country’s leadership in digital transactions.”
MMRDA Metropolitan Commissioner Dr. Sanjay Mukherjee underscored the strategic importance of this development, stating: “BKC has emerged as India’s leading financial district, attracting institutions that propel economic growth. By facilitating NPCI’s presence in this premier location, we are strengthening Mumbai’s role as a global fintech powerhouse and ensuring world-class infrastructure for cutting-edge financial technology.”
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This landmark allocation marks a significant step in Mumbai’s transformation into a global fintech hub, further positioning the city as a leader in digital payments, innovation, and financial technology.
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