The lease agreement between the NSCI and the BMC, accessed through RTI, show that the Olympic stadium and an adjoining club house had been let out to the former for 99-years in 1951 for an annual rent. The deal was that they could use the club house for their leisure activities while they would maintain the size Olympic stadium, which was suitable to host national and international sports including athletics, cycling, football and hockey.
Seven years ago, the managing committee of the National Sports Club of India (NSCI) suddenly started breaking down the existing Vallabhbhai Patel Stadium to start building–what they led everyone to believe–would be Mumbai’s first international Olympic size indoor stadium. The project was conceived in 2003 to be worth around Rs 40 crore and scheduled to be completed in 18 months. Seven years and Rs 200 crore later, it still isn’t functional, but the superstructure is ready.