Royal Western India Turf Club lease renewed for 30 years
Updated On: 04 July, 2024 06:54 AM IST | Prakash Gosavi
With the Damocles sword hanging over the future of horse racing at the Mahalaxmi racecourse thus out of the way, Surendra R Sanas, chairman of the club, shared the long-awaited news in a letter sent to all race club members on Wednesday
Mahalaxmi racecourse in Mumbai. Pic/Shadab Khan
Members of the Royal Western India Turf Club (RWITC) can finally breathe a sigh of relief as the Municipal Corporation of Greater Mumbai, in an agreement signed with the race club on Tuesday evening, renewed the race club’s lease for a period of 30 years, on the instructions of the state government who have proposed to develop a theme park in the 120 acres of the 221-acre prime property.
Also Read: Son of a gun for Bangalore Turf Club Trophy
With the Damocles sword hanging over the future of horse racing at the Mahalaxmi racecourse thus out of the way, Surendra R Sanas, chairman of the club, shared the long-awaited news in a letter sent to all race club members on Wednesday.
The renewed lease which retrospectively began on June 1, 2023 will expire on May 31, 2053. “[The racing] Licence and other matters are being pursued with the authorities, and we shall keep you updated on the same,” the letter concluded.
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