Bandhan Bank Acquires 12 Mumbai Offices
ECONOMY & POLICY

Bandhan Bank Acquires 12 Mumbai Offices

Bandhan Bank has made a strategic move in the real estate market by acquiring 12 offices in Mumbai's Bandra Kurla Complex (BKC) at a cost of Rs 1.35 billion. This investment reflects the bank's commitment to expanding its presence in key financial and business districts, particularly in Mumbai.

The acquisition in BKC, a prominent commercial hub, aligns with Bandhan Bank's growth strategy and underscores its confidence in the potential of the Mumbai real estate market. The move is anticipated to provide the bank with a strategic foothold in a prime location, enhancing its accessibility and visibility.

The transaction includes the purchase of 12 offices, contributing to Bandhan Bank's broader objectives of strengthening its operational infrastructure and creating a more extensive network. This investment is expected to play a crucial role in supporting the bank's business operations and client services.

The move also signifies Bandhan Bank's confidence in the long-term prospects of the financial and commercial landscape in Mumbai. The acquisition of offices in BKC not only reinforces the bank's physical presence but also positions it strategically to capitalise on the opportunities presented by the dynamic business environment in Mumbai.

Bandhan Bank has made a strategic move in the real estate market by acquiring 12 offices in Mumbai's Bandra Kurla Complex (BKC) at a cost of Rs 1.35 billion. This investment reflects the bank's commitment to expanding its presence in key financial and business districts, particularly in Mumbai. The acquisition in BKC, a prominent commercial hub, aligns with Bandhan Bank's growth strategy and underscores its confidence in the potential of the Mumbai real estate market. The move is anticipated to provide the bank with a strategic foothold in a prime location, enhancing its accessibility and visibility. The transaction includes the purchase of 12 offices, contributing to Bandhan Bank's broader objectives of strengthening its operational infrastructure and creating a more extensive network. This investment is expected to play a crucial role in supporting the bank's business operations and client services. The move also signifies Bandhan Bank's confidence in the long-term prospects of the financial and commercial landscape in Mumbai. The acquisition of offices in BKC not only reinforces the bank's physical presence but also positions it strategically to capitalise on the opportunities presented by the dynamic business environment in Mumbai.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement