The update on SEBI’s plans came from Kaustubh Tause during the 2026 Global Fintech Fest. Tause, who serves as secretary and chief adviser to Devendra Fadnavis, said the market regulator would establish an entirely new infrastructure setup.

The report gives the proposed size as 16,000 metres but does not clarify the measurement further. It also does not state the cost, a construction schedule or when the new facilities would become operational. Those details remain unavailable in the supplied account.

NSE and the Enforcement Directorate are also named in the planned expansion of the BKC presence. However, the report provides no separate figures or project descriptions for either organisation. SEBI’s stated infrastructure plan should therefore not be read as describing the other two institutions’ proposed facilities.

For readers tracking developments in Mumbai’s financial sector, the announcement is about the institutions’ physical presence. The supplied report does not announce changes to market rules, enforcement procedures or services. It also gives no information about staffing, recruitment or whether existing teams would move into the new setup.