While the BMC has floated a tender to auction BEST Substation plot at Malabar Hill to generate revenue, activists objected to the plan claiming the plot is part of a recreation garden and any structure other than substation cannot be built on it. The BMC was estimated to get around Rs. 545 crore from the deal.  

The Brihanmumbai Municipal Corporation (BMC) has been facing financial difficulties for some time, with its fixed deposits falling from R92,000 crore to R82,000 crore in just two years. To generate revenue, the BMC decided to auction off some of its properties including the BEST Substation land. This plan was included in the current budget, and the tender was released recently.