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NSE leases 2 BKC plots from MMRDA for ₹1,684 crore
The National Stock Exchange (NSE) secured two plots (C-81 and C-82) in Bandra Kurla Complex (BKC) from MMRDA in a two-stage deal valued at ₹1,684.31 crore. The plots span 10,995 sq metres with a built-up area of 43,980 sq metres; the transaction was completed in May 2026 at ₹3.87 lakh per sq metre and included stamp duty of ₹75.79 crore.
Why It Matters
This expands NSE's physical footprint in Mumbai's financial district, reinforcing BKC's role as a premier hub for banks, investment firms and financial institutions.
Timeline
4 Events
NSE leases two BKC plots (May 2026)
May 2026
NSE secured plots C-81 and C-82 in G Block, BKC, in a two-stage lease deal valued at ₹1,684.31 crore. The transaction closed at ₹3.87 lakh per square metre (around ₹36,000 per square foot) and included stamp duty of ₹75.79 crore. The combined plots cover 10,995 square metres with a permissible built-up area of 43,980 square metres.
Plot C-81 allotted (December 2025)
December 2025
Plot C-81 was allotted in December 2025 for ₹850.62 crore.
Lease premium revised (Plot C-82) (October 2025)
October 2025
The lease premium for Plot C-82 was revised from ₹757.90 crore to ₹833.69 crore in October 2025.
Plot C-82 first allotment (March 2025)
March 2025
Plot C-82, measuring 5,500 square metres in G Block, was first allotted in March 2025 for ₹757.90 crore. The lease premium for this plot was later revised to ₹833.69 crore in October 2025.