[11] On 10 March 2018, newspapers in India reported that the contract for the construction of the statue had been awarded to the Shapoorji Pallonji Group at a cost of ₹783 crores.

[14] The main entrance to the structure would be from the adjacent Cadell Road with SKS Marg as secondary access point.

There will also be a proposed 39,622 square feet interactive museum displaying several aspects of Baba Saheb Dr. Ambedkar's life.

An eight-tier bronze canopy representing the Buddha's eight-fold path at the top of the stupa in a built-up area of 2,400 square metres with a lotus pond at the foot of the dome.

[18] The Gallery of Struggle will depict momentous events associated with the life and work of Ambedkar, alongside 50,000 square feet library.

Leaders demanded government to set up a technical committee of experts on Buddhism, reputed architects from different Buddhist countries, and well-known people from the construction industry before finalizing the memorial's design with inclusion of a State of Equality (a larger-than-life sculpture of Ambedkar facing the ocean like New York City's Statue of Liberty) so to form an impressive part of Mumbai's skyline and should be the first thing that visitors see when landing in Mumbai.