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Indian Real Estate News : Mumbai
Andheri office space sold for Rs 211 crore
Source: Nauzer Bharucha, TNN Dec 02, 2009
In what is being billed as the largest commercial property transaction of 2009, Mumbai-based developers Rustomjee have sold 1.42 lakh square feet of office space in Andheri east to public sector SBI Life insurance company for a whopping Rs 211 crore.

The deal was registered on Tuesday evening between the two parties.

The building is located on the Western Express Highway and has been certified as a 'green building' because of its energy efficient design.

"The negotiations for purchase of the commercial space were on for past three to four months,'' said a spokesperson for Rustomjee.

Tag: Real Estate India, Office Space, Commercial Properties, Rustomjee developers
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