+
Bennett Coleman Acquires Four Commercial Spaces in Mumbai
Real Estate

Bennett Coleman Acquires Four Commercial Spaces in Mumbai

Bennett Coleman And Company Limited (The Times of India Group) has acquiring four commercial spaces in Santacruz East, Mumbai. The total transaction value across these deals amounts to Rs 2.61 billion, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. All the four transactions were officially registered in March 2025.

Santacruz East, strategically located in Mumbai’s western suburbs, is a sought-after commercial destination due to its proximity to key business districts such as Bandra Kurla Complex (BKC) and seamless connectivity via the Western Express Highway, Santacruz railway station, and the Mumbai Metro. The area is known for its commercial complexes, corporate offices, and premium residential developments.

The commercial spaces are located in Kalpataru Infinia. According to RERA, Kalpatru Infinia is a ready-to-move commercial project by the Kalpatru Group, spread across 1.5 acres of land.

According to IGR property registration documents reviewed by Square Yards, the four transactions involve a combined total built-up area of 43,622 sq. ft. (~4,052.4 sq. m) and carpet area of 39,642 sq. ft (~3,682.83 sq. m). The transaction value per space ranges from Rs. 63.87 crore to Rs. 66.75 crore, with the total transaction cost amounting to Rs. 261.9 crore. It includes a total of 56 car parking spaces. The total stamp duty paid for these transactions’ amounts to Rs. 15.71 crore, with each transaction incurring a standard registration fee of Rs. 30,000.

Bennett, Coleman & Company Limited (BCCL), commonly known as The Times Group, is India's largest media conglomerate, with a legacy dating back to its establishment in 1838. Headquartered in Mumbai, BCCL owns several leading publications, including the world's largest circulated English daily, The Times of India, and India's premier business daily, The Economic Times. The group also publishes regional dailies like Navbharat Times and Maharashtra Times, alongside popular magazines such as Filmfare and Femina. Expanding beyond print media, BCCL operates the influential Times Network, which includes prominent television channels such as Times Now, and the nationwide FM radio network, Radio Mirchi. Its digital subsidiary, Times Internet, further enhances the company's extensive presence across digital news, entertainment, and technology platforms, reinforcing BCCL’s position as a pioneering force in the Indian media industry."

Bennett Coleman And Company Limited (The Times of India Group) has acquiring four commercial spaces in Santacruz East, Mumbai. The total transaction value across these deals amounts to Rs 2.61 billion, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. All the four transactions were officially registered in March 2025.Santacruz East, strategically located in Mumbai’s western suburbs, is a sought-after commercial destination due to its proximity to key business districts such as Bandra Kurla Complex (BKC) and seamless connectivity via the Western Express Highway, Santacruz railway station, and the Mumbai Metro. The area is known for its commercial complexes, corporate offices, and premium residential developments.The commercial spaces are located in Kalpataru Infinia. According to RERA, Kalpatru Infinia is a ready-to-move commercial project by the Kalpatru Group, spread across 1.5 acres of land.According to IGR property registration documents reviewed by Square Yards, the four transactions involve a combined total built-up area of 43,622 sq. ft. (~4,052.4 sq. m) and carpet area of 39,642 sq. ft (~3,682.83 sq. m). The transaction value per space ranges from Rs. 63.87 crore to Rs. 66.75 crore, with the total transaction cost amounting to Rs. 261.9 crore. It includes a total of 56 car parking spaces. The total stamp duty paid for these transactions’ amounts to Rs. 15.71 crore, with each transaction incurring a standard registration fee of Rs. 30,000.Bennett, Coleman & Company Limited (BCCL), commonly known as The Times Group, is India's largest media conglomerate, with a legacy dating back to its establishment in 1838. Headquartered in Mumbai, BCCL owns several leading publications, including the world's largest circulated English daily, The Times of India, and India's premier business daily, The Economic Times. The group also publishes regional dailies like Navbharat Times and Maharashtra Times, alongside popular magazines such as Filmfare and Femina. Expanding beyond print media, BCCL operates the influential Times Network, which includes prominent television channels such as Times Now, and the nationwide FM radio network, Radio Mirchi. Its digital subsidiary, Times Internet, further enhances the company's extensive presence across digital news, entertainment, and technology platforms, reinforcing BCCL’s position as a pioneering force in the Indian media industry.

Next Story
Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

Next Story
Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

Next Story
Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?