Real Estate Transactions

Nippon Life to buy office space in Mumbai’s Lower Parel for Rs.486-Cr

Economic Times  

Nippon Life India Asset Management has executed a definitive agreement with realty developer Lodha, listed as Macrotech Developers, to acquire an office space spread across two floors in a commercial tower One Lodha Place in Mumbai’s business district Lower Parel for INR 486 crore.The asset management company is planning to shift its headquarters in this office spread over 52,162 sq ft.

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