Labdhi Lifestyle to Invest ₹700 Crore in BKC Commercial Project


NEW DELHI: Labdhi Lifestyle is set to invest ₹700 crore in the development of BKC Edge, a commercial project located at H-Block in Bandra Kurla Complex (BKC), Mumbai.

The total gross development value (GDV) is projected to exceed ₹1,000 crore, providing a carpet area of 2.25 lakh sq ft.

Occupying 1.25 acres, the development will feature over 300 business suites.

According to a CBRE report, in the October–December quarter, Mumbai made up approximately 22% of the total 22.2 million sq ft of office space leased across India. The report suggests that Mumbai is likely to remain a key office market through 2026.

  • Published On Jan 21, 2026 at 03:30 PM IST

Join a community of over 2M industry professionals.

Subscribe to our newsletter for the latest insights & analysis delivered to your inbox.

Get all the latest ETRealty news directly on your smartphone!

Download App

Related Posts

PwC India Launches Sixth NCR Office in Gurugram

NEW DELHI: Consulting firm PwC India has launched a new office in Gurugram, spanning 125,000 square feet as part of its expansion initiative. In a recent announcement, PwC India revealed the opening of its new office in ‘DLF Downtown 4’, making it the sixth office in the NCR region. This new location boosts PwC India’s total capacity in the Delhi-NCR area to nearly 8,000 personnel. With a workforce of about 30,000 across 20 cities, PwC India continues to grow. Sanjeev Krishan, the Chairperson of PwC in India, stated, “The launch of our sixth office in the NCR signifies the ongoing…

CapitaLand sells Gurugram office for ₹2,050 crore to EAAA

Representative Image Singapore-based CapitaLand has sold a 1.9 million sq ft commercial property located in Gurugram to EAAA Alternatives for ₹2,050 crore. This move is part of CapitaLand’s strategy to generate capital through significant asset divestments and to enhance its portfolio. According to a source familiar with the matter, “CapitaLand’s strategic exits reflect the changing demand dynamics in India’s office market, where hybrid work trends and selective tenant preferences are redefining valuations and capital movements.” The property, known as International Tech Park in Gurugram, is home to prominent tenants such as Optum, Stryker, and Zomato. This year, CapitaLand India Trust…

Bank of Baroda Wins Jet Airways BKC Office Auction

Bank of Baroda has placed the highest bid for Jet Airways’ 83,000 sq ft office space located in Mumbai’s Godrej BKC, offering ₹370 crore. Brookfield Asset Management, which already possesses office space in the building, has the right of first refusal and is expected to utilize that option.