+
Godrej Fund to Sell Three Floors in BKC Project for Rs 900 million
ECONOMY & POLICY

Godrej Fund to Sell Three Floors in BKC Project for Rs 900 million

Godrej Fund, a prominent player in the real estate sector, is preparing to divest three floors within its ambitious Bandra-Kurla Complex (BKC) project, eyeing an impressive ?900 million windfall. This strategic move comes as part of the fund's ongoing efforts to optimize its real estate portfolio. The three floors in question are situated in the prestigious BKC business district of Mumbai, known for its prime commercial real estate. The potential sale is expected to attract significant interest from investors seeking to capitalize on the burgeoning Indian commercial property market. Godrej Fund's decision aligns with the broader trends in India's real estate market, where key players are actively reshaping their portfolios to adapt to changing dynamics. The ?900 million transaction reflects a growing confidence in the BKC area's investment potential, as businesses continue to establish a strong presence in this thriving commercial hub. This development underscores Godrej Fund's commitment to value creation and efficient portfolio management. It also signifies the continued allure of BKC as a prime investment destination in the Indian real estate landscape.

Godrej Fund, a prominent player in the real estate sector, is preparing to divest three floors within its ambitious Bandra-Kurla Complex (BKC) project, eyeing an impressive ?900 million windfall. This strategic move comes as part of the fund's ongoing efforts to optimize its real estate portfolio. The three floors in question are situated in the prestigious BKC business district of Mumbai, known for its prime commercial real estate. The potential sale is expected to attract significant interest from investors seeking to capitalize on the burgeoning Indian commercial property market. Godrej Fund's decision aligns with the broader trends in India's real estate market, where key players are actively reshaping their portfolios to adapt to changing dynamics. The ?900 million transaction reflects a growing confidence in the BKC area's investment potential, as businesses continue to establish a strong presence in this thriving commercial hub. This development underscores Godrej Fund's commitment to value creation and efficient portfolio management. It also signifies the continued allure of BKC as a prime investment destination in the Indian real estate landscape.

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?