Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated a prime commercial plot in Bandra Kurla Complex (BKC) to the National Payments Corporation of India (NPCI) for its global headquarters. The move reinforces Mumbai’s status as a leading fintech and digital payments hub.
The land allotment was approved during MMRDA’s 158th Authority Meeting, chaired by Deputy Chief Minister Eknath Shinde. The official possession letter for the 6,019.10 sqm plot in G-Block, BKC, was handed over to NPCI during Mumbai Tech Week 2025.
NPCI, the backbone of India’s digital payments ecosystem, operates platforms such as UPI, RuPay, IMPS, and AePS. The new headquarters is expected to drive innovation in fintech, artificial intelligence, and cybersecurity while attracting startups and investors to Mumbai’s financial district.
Stating that Mumbai is at the forefront of India's financial revolution, and NPCI has played a critical role in making India a global leader in digital payments, Maharashtra Chief Minister Devendra Fadnavis said, "The establishment of NPCI’s headquarters in BKC will not only boost Mumbai’s fintech ecosystem but also create new opportunities for innovation and job creation in the sector."
MMRDA Chairman and Deputy Chief Minister of Maharashtra, Eknath Shinde, highlighted MMRDA’s role in fostering financial and technological growth, stating "MMRDA has been instrumental in shaping Mumbai as a global financial and fintech hub. The allotment of prime commercial space in BKC to NPCI aligns with our vision of strengthening the country’s digital payments ecosystem. With its new headquarters in Mumbai’s financial district, NPCI will continue driving fintech innovation and reinforcing India's leadership in digital transactions."
MMRDA Metropolitan Commissioner Dr Sanjay Mukherjee emphasized the strategic importance of this move, saying, "BKC has evolved into India’s premier financial district, attracting leading institutions that drive economic growth. Allocating this commercial space to NPCI aligns with our vision of making Mumbai a global fintech powerhouse while ensuring world-class infrastructure support for pioneering organizations."
With this strategic move, Mumbai solidifies its role as the epicenter of India’s fintech revolution, driving global leadership in digital transactions.
