The BMC had proposed to take over a part of the race course land to be turned into a “theme park” as a precondition to renew the lease agreement of the Mahalaxmi Race Course land, which was in possession of the Royal Western India Turf Club (RWITC). The lease of the race course land expired in 2013.
Earlier this week, a majority of members of the Royal Western India Turf Club (RWITC) gave their nod to a proposal mooted by the BMC that stipulated that the lease of the century-old racecourse would be extended on the condition that the club handed over 120 acres of the 211-acre racecourse to the BMC.
The proposal states that private schools, advanced locality management (ALM) groups, resident welfare associations (RWA), NGOs would be eligible to apply for adoption.