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Abbott, Godrej deal might not push up prices in Bandra Kurla Complex

Abbott, Godrej deal might not push up prices in Bandra Kurla C...

The BKC commands Rs 28,000-29,000 per sq ft for office property and monthly rents are Rs 250-300 per sq ft Pharmaceuticals major Abbott’s purchase of 435,000 sq ft office space for Rs 1,480 crore in Mumbai’s Bandra Kurla Complex (BKC) from Godrej Properties has set a precedent in the area.But, the purchase price of Rs 34,000 per sq ft will not push up commercial property prices in the BKC, home to Citibank, JPMorgan, the Securities and Exchange Board of India and a host of financial ..., 5 days ago
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