National Stock Exchange of India has acquired a major land parcel in Mumbai’s Bandra-Kurla Complex (BKC), reinforcing the financial district’s position as India’s leading commercial and financial hub.
The exchange has entered into an 80-year lease agreement with the Mumbai Metropolitan Region Development Authority (MMRDA) for two adjoining plots in the G Block of BKC at a total lease premium of ₹1,684 crore, according to property registration documents and company disclosures.
The combined land parcel measures around 10,995 square metres, or nearly 1.1 lakh square feet, and allows for a built-up area of about 4.7 lakh square feet. The transaction was officially registered earlier this month.
The acquisition comes as the exchange seeks to expand its operational infrastructure amid rising demand for technology-driven trading systems and financial services. Reports suggest the development may support future expansion plans, including upgraded office infrastructure and data centre capabilities.
Bandra-Kurla Complex has increasingly emerged as India’s premier financial district, attracting banks, stock exchanges and multinational firms. The latest deal is among the largest commercial land transactions in Mumbai in recent years and highlights the growing institutional demand for premium office space in the city.
According to reports, plot C-82 was initially allotted to the exchange in 2025 before the adjoining C-81 parcel was later added, taking the total deal value to ₹1,684 crore. Stamp duty of nearly ₹76 crore was also paid as part of the registration process.
The move further strengthens Mumbai’s status as the country’s financial capital, with other institutions, including the Bombay Stock Exchange, also exploring expansion opportunities within BKC
