Mumbai Port Authority is set to develop a state-of-the-art yacht marina at Cross Island, near Princess and Victoria Docks, with an investment of ₹470 crore, funded entirely through internal resources. The project will be executed on the EPC (engineering, procurement and construction) mode, according to Chairman M Angamuthu.
The authority will hand over the operation and maintenance of the marina to a private operator for 45 years. The selected concessionaire will invest ₹417.37 crore to develop onshore facilities over 4.2 hectares, including a repair yard, clubhouse, hotel, and restaurant.
Planned in three phases, the marina will initially offer berthing for 424 yachts, followed by an additional 172 berths in Phase II, and dedicated berthing for eight super yachts in Phase III. The waterfront development will feature an approach trestle, breakwater, berthing pontoons, gangways, reclaimed land infrastructure, and mooring systems, alongside modern passenger and commercial amenities.
Calling it “Mumbai Port’s signature project,” Angamuthu said the marina will boost the maritime ecosystem, improve the city’s skyline, and play a key role in Mumbai’s waterfront revitalisation. The project aims to tap into the strong demand for yacht berths—currently unmet, with around 200 leisure boats routinely moored near the Gateway of India due to a lack of formal facilities.
The marina will generate revenue through docking fees, repair services, and a dedicated yacht fuel station. Earlier attempts to develop the marina under a PPP model received no bids, prompting the shift to the EPC route and a fresh implementation strategy.
With rising interest in leisure boating and limited existing infrastructure, the new marina is expected to be a major catalyst for India’s yachting and tourism sectors.
