NABARD has acquired leasehold rights to a prominent two-building commercial campus in Mumbai’s Bandra-Kurla Complex from MTNL in a Rs 350.72 crore deal. The property spans nearly two-thirds of an acre with about 43,287 sq ft of built-up area across two buildings. An initial 80-year lease granted in 1998 runs until around April 2078; after MMRDA approvals, NABARD receives the remaining nearly 52 years. Registration in May attracted stamp duty of over Rs 21 crore.
The National Stock Exchange of India (NSE) has entered an 80-year lease agreement for a prime 2.7-acre plot in Mumbai’s Bandra-Kurla Complex. The deal comes with a substantial lease premium of Rs 1,684 crore, underlining NSE’s long-term push to secure high-value real estate in the city’s financial hub.
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McKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex, locking in prime space with a high rental rate. The agreement begins October 1, 2026 and runs for ten years, highlighting continued demand from global firms for premium commercial locations. The renewal is reported among the costliest office leases in India.
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