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RBI Acquires Prime Nariman Point Land from MMRCL for ₹3,472 Crore

Real Estate

RBI Acquires Prime Nariman Point Land from MMRCL for ₹3,472 Crore

In a significant real estate transaction, the Reserve Bank of India (RBI) has purchased a prime 39,663 square meter land parcel in Mumbai’s Nariman Point from the Mumbai Metropolitan Region Development Authority (MMRCL) for ₹3,472 crore. This deal underscores the growing importance of strategic land acquisitions in Mumbai’s financial district.

September 11, 2025
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RBI Acquires Prime Nariman Point Land from MMRC for ₹3471 Crore

Real Estate Maharashtra

RBI Acquires Prime Nariman Point Land from MMRC for ₹3471 Crore

The Reserve Bank of India (RBI) has completed a significant real estate transaction by acquiring a 16,842 sq.m plot at Nariman Point from the Mumbai Metro Rail Corporation Ltd. (MMRC) for ₹3471 crore. This deal is part of MMRC's strategy to raise funds for the ongoing Metro Line 3 project.

September 11, 2025
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RBI Acquires Prime Nariman Point Land in Mumbai for ₹3471 Crore

Real Estate Mumbai

RBI Acquires Prime Nariman Point Land in Mumbai for ₹3471 Crore

The Reserve Bank of India (RBI) has purchased a prime 16,842 sq.m land at Nariman Point from the Mumbai Metro Rail Corporation Ltd. (MMRC) for ₹3471 crore, marking one of the biggest real estate transactions in recent history.

September 11, 2025
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RBI Acquires Prime 4.6-Acre Nariman Point Land for Rs 3,472 Crore

Real Estate

RBI Acquires Prime 4.6-Acre Nariman Point Land for Rs 3,472 Crore

The Reserve Bank of India (RBI) has secured a 4.61-acre land plot at Nariman Point, Mumbai, from MMRCL for ₹3,472 crore, marking one of the largest land deals in India this year.

September 11, 2025
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RBI Acquires Prime 4.16-Acre Land in Nariman Point for Rs 3,472 Crore

Real Estate Mumbai

RBI Acquires Prime 4.16-Acre Land in Nariman Point for Rs 3,472 Crore

The Reserve Bank of India (RBI) has purchased a 4.16-acre plot in Nariman Point, Mumbai, for Rs 3,472 crore from the Mumbai Metro Rail Corporation Ltd (MMRCL). The land will be used for self-use and commercial purposes.

September 11, 2025
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RBI Secures Prime Nariman Point Land in 2025’s Largest Real Estate Deal

Real Estate

RBI Secures Prime Nariman Point Land in 2025’s Largest Real Estate Deal

The Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point, Mumbai, for ₹3,471.82 crore, marking one of the largest real estate transactions of 2025.

September 11, 2025
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RBI Secures 4.6-Acre Nariman Point Land from MMRCL for a Whopping Rs 3,472 Crore

Real Estate Mumbai

RBI Secures 4.6-Acre Nariman Point Land from MMRCL for a Whopping Rs 3,472 Crore

The Reserve Bank of India (RBI) has acquired a prime 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for ₹3,472 crore. This significant land transaction highlights the enduring value of Nariman Point in Mumbai’s commercial real estate market.

September 11, 2025
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RBI Secures 4.61-Acre Prime Nariman Point Land for Rs 3,472 Crore

real estate news

RBI Secures 4.61-Acre Prime Nariman Point Land for Rs 3,472 Crore

The Reserve Bank of India (RBI) has made a significant acquisition, purchasing a 4.61-acre plot in Nariman Point, South Mumbai, from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs 3,472 crore. This deal is one of the largest land transactions in India this year, reinforcing Nariman Point's status as a premium commercial hub.

September 11, 2025
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RBI Seals ₹3,472 Crore Land Deal with MMRCL for Nariman Point Plot

Real Estate Mumbai

RBI Seals ₹3,472 Crore Land Deal with MMRCL for Nariman Point Plot

The Reserve Bank of India (RBI) has signed a significant land deal with the Mumbai Metro Rail Corporation Ltd (MMRCL) to acquire a 4.2-acre plot in Nariman Point for ₹3,472 crore. This prime location will be used to construct a new office complex for the central bank.

September 10, 2025
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RBI Acquires 4.61-Acre Plot at Nariman Point for Rs 3,472 Crore

Real Estate Mumbai

RBI Acquires 4.61-Acre Plot at Nariman Point for Rs 3,472 Crore

The Reserve Bank of India (RBI) has made a significant real estate acquisition in Mumbai, purchasing a 4.61-acre land parcel at Nariman Point from the Mumbai Metro Rail Corporation (MMRCL) for Rs 3,472 crore. This strategic move expands the central bank's footprint in the financial hub.

September 10, 2025
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Pune Metro's Swargate-Katraj Line Set to Receive Two New Stations with State Funding

Real Estate Pune

Pune Metro's Swargate-Katraj Line Set to Receive Two New Stations with State Funding

The Maharashtra government has announced funding for the construction of two new stations along the Swargate-Katraj line of the Pune Metro, enhancing connectivity and convenience for commuters.

April 18, 2025
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MMRCL Plans to Monetize Land Parcels Along Mumbai Metro 3 Corridor

Real Estate Mumbai

MMRCL Plans to Monetize Land Parcels Along Mumbai Metro 3 Corridor

Mumbai Metro Rail Corporation Limited (MMRCL) is gearing up to monetize land parcels along the Mumbai Metro 3 corridor, aiming to generate significant revenue and enhance the city's infrastructure development.

March 4, 2025
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Mumbai Metro Rail Corporation Pauses Land Development Plans at Nariman Point

Real Estate Mumbai

Mumbai Metro Rail Corporation Pauses Land Development Plans at Nariman Point

Mumbai Metro Rail Corporation (MMRCL) has decided to put on hold its plans to lease a significant 4.2-acre land parcel in Nariman Point for property development, following a request from the Reserve Bank of India (RBI).

January 20, 2025
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MMRCL Temporarily Pauses Plan to Lease SoBo Land in Nariman Point

Real Estate Mumbai

MMRCL Temporarily Pauses Plan to Lease SoBo Land in Nariman Point

Mumbai: The Mumbai Metro Rail Corporation (MMRCL) has put on hold its plan to lease a 4.2-acre land parcel in Nariman Point for property development, citing various logistical and operational concerns.

January 18, 2025
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MMRC Installs Pedestrian Crossing at Aarey-JVLR Station for Enhanced Safety

Real Estate Mumbai

MMRC Installs Pedestrian Crossing at Aarey-JVLR Station for Enhanced Safety

The Mumbai Metro Rail Corporation (MMRC) has installed a new pedestrian crossing at the Aarey-JVLR station to enhance commuter safety. This initiative is part of MMRC's ongoing efforts to improve infrastructure and reduce accidents in busy areas.

December 12, 2024
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Mumbai’s Metro Line 3: A Revolutionary Boost for the Real Estate Sector

Real Estate

Mumbai’s Metro Line 3: A Revolutionary Boost for the Real Estate Sector

Mumbai, Maharashtra [India], October 30: The city’s real estate market is poised for a monumental shift with the inauguration of the first phase of Metro Line 3, marking a new era of connectivity and development.

October 30, 2024
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MMRCL Implements Safety Measures for Underground Metro and Mandates NOCs

Real Estate Mumbai

MMRCL Implements Safety Measures for Underground Metro and Mandates NOCs

In a significant move, the Mumbai Metropolitan Region Development Authority (MMRCL) has adopted stringent safety protocols for the construction and operation of the underground metro. Real estate experts see this as a crucial step towards ensuring the saf

October 8, 2024
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MMRCL Mandates NOCs for Construction Near Metro 3 Corridor

Real Estate

MMRCL Mandates NOCs for Construction Near Metro 3 Corridor

Real estate experts welcome this move, stating it will help in the safe redevelopment of numerous old buildings along the Colaba-Bandra-Seepz stretch.

October 7, 2024
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MMRCL and Pune Metro Receive Funding Boost for Transport Projects

Real Estate Pune

MMRCL and Pune Metro Receive Funding Boost for Transport Projects

MMRCL to receive Rs 1.88 billion, Pune Metro Rs 1.65 billion for transport projects

September 27, 2024
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Thane's Realty Landscape Set to Get a Boost with Integral Ring Metro Rail Project

Real Estate Maharashtra

Thane's Realty Landscape Set to Get a Boost with Integral Ring Metro Rail Project

The project is expected to revolutionize urban mobility and real estate in Thane, with the Maharashtra Metro Railway Corporation Limited (MMRCL) spearheading the initiative.

August 26, 2024
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