The main objective of International Finance and Business Centre (IFBC) planning is to create new office locations of international standards, ensuring easy accessibility and high quality of amenities for employees, safe environment and a distinct character and image. The main users in IFBC are: The National Stock Exchange, the Diamond Bourse, Convention and Exhibition Centre, Banking and financial institutions such as Indian and foreign banks, public and private companies, petrol pumps, fire fighting centre, restaurants, residential housing, schools, police station and hospitals and related amenities and utilities.

The National Stock Exchange, Financial Institutions and Banks such as ICICI, IL&FS, UTI, NABARD, Laxmi Finance, Dena Bank, State Bank of India, CITI BANK, Bank of Baroda and Bank of India have already started functioning in this business centre. Other financial institutions and banks such as SIDBI, Canara Bank, and Telephone Exchange of MTNL have started their construction. SEBI the principal regulatory authority in the financial sector will also have its headquarter here. A Trident Hotel of East India Hotels Group is under construction. The construction work of Bharat Diamond Bourse has again commenced in full swing. A plot admeasuring about 4ha. is allotted for establishing USA Consulate in Bandra-Kurla Complex. A plot admeasuring about 5.2 ha. is allotted to ‘Mumbai Cricket Association’ to develop an ‘Indoor Cricket Academy’.

Accessibility
The basic consideration of the IFBC plan is accessibility to the area. In order to establish a direct link between the two main rail corridors (Western and Central Railways) and to provide easy access to IFBC, a new Bandra-Kurla rail link has been proposed. This is proposed to be an elevated railway line with railway stations in ‘E’ and ‘g’ blocks. Thus, most of the area of IFBC will remain within walking distance of the railway station.

Land use
The considerations of accessibility and orientation have shaped the overall master plan of IFBC. In order to ensure some life in the area even after offer office hours, a mix of activities has also been envisaged.

About 42 per cent of the land area of the plan is earmarked for commercial use and 14 per cent for housing. One of the important features of the area is preservation of large open spaces surrounding various public centers. This is expected to be the focal point of activities and a major attraction of the area. The plan envisages using air space above the railway station for commercial purpose. A large utility complex is proposed to be developed close to the proposed railway station. It will provide space for various public and commercial utilities, small offices for professionals, car parks, bus stands and taxi stands. Parking demand expected in the area is about 15,000. To provide for such parking requirement, two level basement parking is permitted for all buildings. Public parking is also proposed in the form of conveniently located multi-storied and underground garages.

In order to provide space in terms of open grounds for arranging various exhibitions, events etc. open plots are made available on rent to these organizers.

Development till Date and the Future
A number of offices and residential buildings and three schools have been constructed and occupied. Construction of other buildings is in an advanced stage of completion. Most of the infrastructure services work including water supply, sewerage, telephone, gas, storm water, and electricity is completed. CNG and Petrol Pump outlet are operational. Mahim Nature Park is development in ‘H’ block of the complex.

Currently MMRDA has invited bids for allotment of 5 commercial plots, 3 residential plots and 2 plots for hotel purpose.