In what is being termed as India’s biggest property deal, one of the largest pharmaceutical companies, Abbot India Ltd, has bought an office space in Godrej Bandra-Kurla Complex (BKC), Mumbai for Rs 1,479 crore, according to media reports.
The news was made official after Godrej Properties on Wednesday announced in a report to the Bombay Stock Exchange (BSE), that it had entered into a transaction for selling 4.35 lakh square feet of saleable area at its commercial project, Godrej BKC, to a single user “for a total consideration of Rs 1,479 crore”. It did not name Abbott India in the report, observed Mumbai Mirror.
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