The bidders will prepare a master plan for the project, MMRDA said.
The IFSC project came under controversy over the location of originating station of the proposed Mumbai-Ahmedabad bullet train that will cost nearly Rs 1 trillion, most of which will be funded by the Japan International Cooperation Agency.
Officials from the Railways, Maharashtra and the MMRDA have held meetings to break the stalemate but there has been no solution. It is expected that the consultants will sit together and work out a solution.
The Railways has proposed to construct an underground station for the showpiece bullet train at the spot in BKC where the state has identified 50 acres for the IFSC.
The bullet train project needs only under 20 acres of this for its underground station.
The State Government, however, has been reluctant to provide the land, having planned the IFSC on the vacant land in the business district located in suburbs.
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