The National Payments Corporation of India (NPCI) has made a significant move by acquiring a prime 1.5-acre site in Mumbai's Bandra-Kurla Complex (BKC) for ₹829.43 crore from MMRDA, with plans to build a 16-storey global headquarters.
Npci HeadquartersReal Estate MumbaiFinancial DistrictDigital PaymentsBandrakurla ComplexReal Estate MumbaiJul 07, 2025
The acquisition by NPCI is significant as it marks a major land transaction in BKC and is expected to influence the real estate landscape, particularly in terms of future pricing trends and development strategies. It also aligns with NPCI’s goal of accelerating innovation in digital payments.
NPCI paid ₹829.43 crore for a 1.5-acre site in BKC from MMRDA, securing an 80-year lease for the land.
NPCI plans to construct a 16-storey office building with around 5,00,000 sq ft of built-up space, including four to five levels of basement parking. The headquarters will also house a research and development center and an experience center.
Dilip Asbe is the CEO of NPCI. He has been instrumental in driving the organization's goals, including accelerating innovation in digital payments and expanding global collaborations.
The Bandra-Kurla Complex (BKC) is a major financial district in Mumbai, known for its high-profile corporate offices and financial institutions. It is a key hub for financial and business activities in the city.
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