Mumbai: The Reserve Bank of India (RBI) is planning to take on lease at least 50,000 square feet of office space in Bandra Kurla Complex (BKC) and South Mumbai.
According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum 40,000 square feet carpet area located in and around BKC within a radius of 5 km from its BKC office.
In another EoI, the RBI said the acquisition of office premises is proposed on long-term lease basis for at least 10,000 square feet carpet area located in and around South Mumbai within a radius of 5 km from its Fort office.
Both the buildings should project a professional and aesthetically pleasing appearance and should be approved for office use, the central bank added.
Cushman & Wakefield India Pvt Ltd is the appointed realty consultant agency for handling the work related to taking on lease commercial office premises in Mumbai, the RBI said.
Gagan Randev, Executive Director, India Sotheby’s International Realty, said BKC has emerged as the financial capital’s most sought after office destination for global banks, financial institutions and funds over the last 7-8 years and its high time RBI has its presence there.
—PTI

Press Trust of India