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Bandra-Kurla Mumbai

Rs 70 Crore a year Rent deal from Sahara Group

Rs 70 Crore a year Rent deal from Sahara Group
Sahara Group negotiated the Rs 70 crore a year Rent deal for commercial property at Bandra-Kurla Complex. The deal, touted as the highest ever for a commercial property in terms of annual rent. According to real estate sources, the UP-based Sahara Group negotiated the deal for a lease amount of Rs 225 a sq ft [...] Continue Reading »

Income Tax Department Largest Purchasers of Real Estate Properties

Income Tax Department Largest Purchasers of Real Estate Properties
The department, which has recently begun a special drive to check prevalence of black money in the country’s real estate sector, has acquired high-worth properties worth about 2,500 crore in more than 20 cities in the last year alone. The Income Tax Department became one of the largest purchasers of real estate properties last year. [...] Continue Reading »

Largest Commercial Space Transaction In Mumbai

Largest Commercial Space Transaction In Mumbai
The city may soon record the largest transaction for commercial space with Citibank India close to paying approximately Rs 1,000 crore for space in an under-construction building at Bandra-Kurla Complex. Market sources said the bank is believed to be paying Rs 33,000 a square foot for the 3 lakh sq ft office space in the [...] Continue Reading »



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