Mumbai, Aug. 12 -- One of Mumbai's most transformative plans - developing the city's eastern waterfront into a world-class hub focused on tourism, recreation, entertainment, a marina and commercial spaces - has been all but shelved. The grand plan, drawn up in 2018 but hanging fire ever since, reimagined the 28-km coastal stretch from Colaba to Wadala as a vibrant urban landmark. Now, the Mumbai Port Authority (MbPA), which owns most of the land along this stretch, has decided to instead lease 215 acres along the eastern shoreline for up to 30 years, for industrial and commercial purposes. This has virtually laid to rest the ambitious waterfront master plan, which would have unlocked 966 hectares that fell into disuse ever since port activities shifted from Mumbai to the Jawaharlal Nehru port across the harbour in Navi Mumbai. By leasing these properties, the MbPA is eyeing a minimum Rs.814.04 crore in revenue annually. The port authority published an Expression of Interest (EOI) on Monday, offering 28 properties on 215 acres - 27 plots in Mumbai and one in Thal in Raigad district. The last date for submission is September 11. The MbPA's decision to lease these plots has cast doubt on the intention to implement the much-talked-about eastern waterfront plan, which received a boost when Nitin Gadkari was appointed ports minister after the NDA government came to power at the centre in 2014. The plan envisages a world-class promenade along the eastern shoreline. It also aims to revamp Sassoon Dock, one of Mumbai's oldest docks, and build a ropeway connecting the Elephanta Caves to Sewri on the mainland. If implemented, it would have not only unlocked the commercial potential of this vast swathe of land, but also resuscitated a portion Mumbai, a city starved of open spaces and citizen amenities. In December 2018, the MbPA (then known as the Mumbai Port Trust) was appointed as the Special Planning Authority to lead the development of the 966 hectares at the centre of this grand design. A committee headed by then MbPA chairperson Sanjay Bhatia released a draft development plan for public scrutiny. It was later finalised - but put in cold storage. Government sources say the plan was placed on the backburner after Gadkari was divested of the ports ministry in a reshuffle at the centre in 2019. Opposition parties in Maharashtra had alleged that the BJP government at the centre had sidelined the plan in favour of developing GIFT City in Gujarat. According to Girish Shirsat, estate manager, MbPA, "We are leasing plots that are vacant. Overall development can take place only when all the plots are vacant. At present, we have existing tenants on many plots. Hence, overall development cannot take place." Milind Kulkarni, chief engineer with MbPA's asset monetisation department, added, "We want to check the market's pulse. We have floated an Expression of Interest and will then invite a request for proposal. Most of the properties we intend to lease are godowns and we will allow only industrial and commercial use.'' Retired state government officials who have been part of various Mumbai development projects said the move to lease plots would defeat the purpose of the eastern waterfront plan. Former urban development secretary, T C Benjamin, who played an important role in the construction of the Eastern Freeway, said, "The MbPA is slowly losing its relevance as a port because of the JNPA port in Raigad. Now a new port is being built at Vadhavan. An alternative was to develop the eastern coastline and it should have been developed as an open space and recreational space. It is a critical need in a congested city like Mumbai." Rahul Asthana, former MbPA chairperson and former commissioner, Mumbai Metropolitan Region Development Authority (MMRDA) said, "Nearly 70% of MbPA cargo is liquid like chemicals and petroleum. There must be an overall plan for development and not piecemeal development. Liquid cargo does not require much land, which can be freed up.'' Former IAS officer Sanjay Ubale, who was secretary, special projects, and a part of several makeover projects in the city, said, "Giving land on lease on a piecemeal basis will rob the city of a valuable waterfront for several years.'' Former Union minister of state for shipping, Milind Deora, said, "Mumbai has benefited from the port and MbPA has benefited from Mumbai. The MbPA must work in tandem with the state and not in isolation." Town planner and former president of the Practising Engineers Architects and Town Planners Association, Manoj Daisaria, is of a different view. "Mumbai requires warehousing facilities and there is a dearth of space. Leasing plots will open up warehousing facilities apart from commercial offices. The MbPA can modernise the Mumbai port with money earned.''...