India, Sept. 27 -- The Worli sea face, among Mumbai's priciest stretches of real estate, could host a premium commercial hub on the plot that houses the shuttered Worli Dairy. The plan, 18 months in the offing, has moved closer to becoming a reality with the state government issuing a notification on Thursday, announcing its intention to change the reservation of the 6.40-hectare property from "residential" to "commercial".

The notification was issued by the state urban development department (UDD), which will call for objections and suggestions before changing the reservation in the Development Control and Promotional Regulations (DCPR) 2034.

The plot, apart from housing the now defunct government-run dairy, also hosts the office of th...