Axis Bank buys 200,000 sq ft of office space in Mumbai


In one of the largest office property deals in this city, Axis Bank recently bought 200,000 sq ft of space at The Ruby office complex in the Dadar West area for Rs 320 crore, said an executive.

The deal was in the previous quarter and at Rs 16,000 a sq ft, said the executive. The Ruby Mills developed the property, a one million sq ft commercial project, in partnership with Rohan Lifescapes.Read Articles

Comments

Post a Comment

Popular posts from this blog

The Flipkart-ebay deal and the high stake battle with Amazon

Image
Flipkart has been and will continue to make acquisitions to increase scale India's top e-commerce firm   Flipkart   has raised $1.4 billion in its biggest fundraising to date as it takes on US tech giant   Amazon.com   Inc for a larger share of the country's burgeoning online retail market. Chinese social media and entertainment firm Tencent Holdings Ltd, the world's biggest software company Microsoft Corp and online marketplace eBay Inc participated in the funding round, Flipkart said in a statement on Monday, which will value the Indian company at $11.6 billion. That is lower than the $15 billion valuation achieved at its last fundraising in 2015, reflecting how competition has intensified in the e-commerce sector as companies vie for a slice of the world's fastest-growing internet services market. Amazon last year said it would invest over $5 billion in India, and has recently expanded into online video and grocery shopping, seeking to expand aggressiv...
Read more

Nokia 3310 makes a comeback with 22 hours of battery life, dual sim

Image
Price in India, other countries can fluctuate a little bit because of taxation and cost factors Finnish mobile device player Nokia is in reboot mode as it gets ready to bring to India its 17-year-old iconic   Nokia 3310   handset for about Rs 3,500, along with its Android smartphones, next quarter. "All the products that we have announced Nokia 3310, Nokia 6, Nokia 5 and Nokia 3 will be available in the second quarter of this year in India. Average global selling price for Nokia 3310 is 49 euros," HMD Global Oy Chief Marketing Officer Pekka Rantala said. HMD Global has licence to design and sell Nokia branded phones globally as well as use technologies developed by Nokia Corporation. Also Read :   Technology News, Latest Technologies, Products, Gadgets, Gizmos, Trends from India and the World "Now, we are celebrating the new era of Nokia brand that is the reason we are with HMD Global. Let me also be very clear that we would not license the Nokia brand to j...
Read more

The biggest political challenge of 2016

Image
Assembly elections are due in the summer of 2016 in five places: Assam & West Bengal in the east and Tamil Nadu, Kerala and Puducherry in the south. These account for 116 Lok Sabha seats. The ruling BJP has little or no political capital here. How will the outcome of these elections influence national politics? Business Standard presents the facts ( Click here for detailed report ) 
Read more