Raheja Universal Repurchases HQ for ₹211 Crore

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Realty developer Raheja Universal has reacquired its corporate headquarters, Raheja Centre-Point, located on CST Road near Mumbai’s Bandra-Kurla Complex, for Rs 211 crore.

Initially developed by Raheja Universal in 2004, the five-storey commercial building served as their headquarters for 16 years before being sold to HDFC in 2020, which has since merged with HDFC Bank. This sale was part of a broader portfolio realignment strategy.

The property has now returned to Raheja Universal following a successful bid during a sale process initiated by HDFC Bank.

The latest agreement was finalized on September 9, 2025, with a stamp duty of Rs 12.66 crore paid, according to the developer.

The move reflects a growing trend among developers aiming to increase their investments in income-generating office assets, even as the residential sector remains dominant in new launches.

For Raheja Universal, this reacquisition not only strengthens its portfolio but also reaffirms its presence at a significant corporate location.

  • Published On Sep 16, 2025 at 09:37 AM IST

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