|Mumbai may soon get both a floatel and floating restaurant, as Mumbai Port Trust (MbPT) has invited bids for the projects, tweaking the land allotment policy in favour of the revenue-sharing model to attract more bidders.|
Gautam Dey, senior deputy traffic manager, business development, MbPT said, "Instead of a rental, we have gone for the revenue-sharing model, which is likely to make the project more viable." According to conditions outlined in the tender, MbPT will seek 10% of revenue earned by the operator.
MbPT said it will allow a 500-room capacity five-star floatel at C-2 anchorage. Dey said, "The site will be 1.5km from Ferry Wharf and people will have to take a speed boat from there to the hotel."
The floating restaurant will come up off Girgaum Chowpatty in the bay area. "The three-star restaurant will be able to accommodate a maximum of 250 customers, who can reach the venue by speed boat. A floating jetty will be provided near Girgaum for this purpose," Dey said.
Earlier, the port trust had said the floating hotel may be operational for only eight months a year, but now plans to allow it to operate through the year. However, the restaurant will be shut during the monsoon. Bidders will have to take approvals from the state government, Navy and security agencies. Dey said, "The last date for submission of bids is February 26. It will take two to three months to scrutinize them and give approvals."
MbPT had earlier made attempts to set up the facilities and around 10-12 firms in the shipping business had expressed interest. But the policy to rent out space in the sea proved a dampener as rentals are too steep in South Mumbai.