Wallnut Real Estate Facilitates High-Value Office Space Sale in Mumbai's ONE BKC
New Delhi, Nov 24 (PTI) Property consultant Wallnut Real Estate Services has successfully facilitated the sale of 3,125 sq ft of office space at the ONE BKC commercial project in Mumbai’s Bandra Kurla Complex for Rs 38 crore.
In a statement released on Monday, the consultant announced the closure of one of the city’s highest-value office space transactions at ONE BKC. The outright purchase transaction was executed between Sawariya Futureworks Ltd (buyer) and Harmony Realty (seller), with the deal valued at Rs 38.3 crore.
The 3,125 sq ft carpet office space achieved a benchmark rate of Rs 1,22,000 per sq ft. This record-setting price per square foot underscores the premium value of the ONE BKC project and the strategic location within the Bandra Kurla Complex.
Sukant Mangal, Co-Founder & Partner of Wallnut Real Estate Services, remarked, “ONE BKC has always represented the pinnacle of corporate real estate in Mumbai, and achieving this record-setting price is a testament to the asset’s value as well as our commitment to precision-driven advisory.”
This high-profile transaction was executed in collaboration with Luxury Square, led by Gaurav Shetty. The success of this deal highlights the growing demand for premium office spaces in prime commercial areas of Mumbai, particularly in the Bandra Kurla Complex, which is known for its thriving business environment and modern infrastructure.
The Bandra Kurla Complex (BKC) is a major commercial hub in Mumbai, housing numerous corporate offices, financial institutions, and multinational companies. The ONE BKC project, with its state-of-the-art facilities and prime location, continues to attract significant investment from both domestic and international buyers.
This transaction not only sets a new benchmark for office space prices in Mumbai but also reinforces the confidence of investors in the city’s real estate market. Wallnut Real Estate Services, with its expertise in facilitating high-value real estate deals, has once again demonstrated its ability to deliver exceptional results for its clients.