One of the oldest buildings, the government's printing press in the upscale Marine Drive area, is set to be renovated to make room for a huge Udyog Bhavan as well.
The Maharashtra Industrial Development Corporation (MIDC) chief executive officer, P Velarasu, stated that the Brihanmumbai Municipal Corporation (BMC) had granted all the necessary approvals and that the MIDC's plan had been accepted.
The government printing press building on Marine Drive was founded in 1855. The agenda of the state cabinet, state legislature papers, government reports, white papers, and even private documents are among the many significant state documents produced here. In the past, the press also published a variety of Mumbai University exam question papers.
The Udyog Bhavan is being built to provide them with greater room and a more luxurious atmosphere.
The new structure will have more opulent offices and meeting spaces. Office space here will also be provided to the industries department and MIDC. The state government has already dubbed the complex the Ratan Tata Udyog Bhavan. MIDC estimates that the total cost of the project will be INR 800 crore.
The printing press currently consists of two buildings: a ground-plus-two building and a ground-plus-four building. These will be demolished, and the new complex will consist of two wings: A wing, which will have a building that is ground plus four stories, and B wing, which will have a building that is ground plus six stories. The project will be finished in three years, said MIDC chief engineer. They have enough FSI, but there are height restrictions, as the area falls in the Marine Drive precinct, Prakash Chavan stated. MIDC will build 46,918 square meters and provide the printing press with 29,254 square meters.
The government's industry department is the owner of the plot where the press is situated. As part of their work, IAS officers interact with foreign delegations and industrialists.
For example, the industries secretary's office is in the Mantralaya annexe, whereas the development commissioner's office, which is in charge of attracting investments, is currently located in the new administrative building across from Mantralaya. Since both are seen as run-down, the state guesthouse Sahyadri is frequently used for meetings with corporate czars and captains of industry.