UK Consulate Acquires Mumbai Office from Lodha Group for Rs.1.01 Bn

12 Jun 2024 CW Team

In a significant real estate deal, the UK Consulate has purchased office space in Mumbai's Lower Parel locality from the Lodha Group for ?101.2 crore. This transaction marks a strategic move by the UK government to enhance its presence in Mumbai and strengthen bilateral ties with India.

The office space, located in one of Mumbai's prime commercial areas, offers strategic advantages for the UK Consulate in terms of accessibility and visibility. The acquisition underscores the consulate's commitment to expanding its operational footprint in India's financial capital, facilitating smoother consular services and diplomatic engagements.

According to sources, the transaction reflects confidence in Mumbai's real estate market and highlights the city's continued appeal as a preferred destination for international investments. The deal also aligns with Lodha Group's strategy to leverage its premium real estate portfolio and attract prestigious global tenants.

The UK Consulate's investment in Mumbai's commercial real estate market is expected to have positive implications for the local economy, including job creation and ancillary business opportunities. It signifies a vote of confidence in India's growth prospects and underscores the city's status as a hub for international business and diplomacy.

Overall, the acquisition of office space by the UK Consulate in Lower Parel represents a mutually beneficial transaction that strengthens diplomatic ties and underscores Mumbai's prominence on the global stage.

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..