Raheja Universal Buys Back Kalina Office Tower from HDFC for ₹211 Crore
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By L. Sadriwala
- September 17, 2025
In a high-value real estate move, Mumbai-based developer Raheja Universal Pvt. Ltd. has repurchased its landmark commercial property, Raheja Centre Point, from HDFC Bank Ltd. for ₹211 crore, according to property registration documents reviewed by Propstack.
Deal Insights
- Property: Raheja Centre Point, Kalina
- Built-up Area: 49,359 sq. ft.
- Plot Size: 2,464 sq. m
- Transaction Value: ₹211 crore
- Stamp Duty Paid: ₹12.66 crore
- Registration Fee: ₹30,000
The transaction, registered on September 9, 2025, marks a significant buyback. The same asset was earlier sold by Raheja Universal to HDFC Ltd (now HDFC Bank Ltd) in two phases—December 2019 and March 2020—for a total of ₹167 crore as part of a portfolio realignment.
The building comes with two basements, a ground floor, five upper floors, and terrace space, making it a premium commercial offering in a strategic micro-market.
Tender Route Acquisition
While both Raheja Universal and HDFC Bank declined to respond to queries, sources indicated that Raheja Universal secured the asset by participating in a tender process floated by HDFC Bank.
Strategic Location Advantage
Raheja Centre Point is located in Kalina, just a stone’s throw away from Bandra Kurla Complex (BKC)—Mumbai’s most expensive central business district.
BKC is home to some of the biggest global and Indian names across industries, including:
- Tech & Digital Giants: Jio, Apple, Netflix, Amazon, Facebook, Spotify
- Finance & Corporates: NSE, Standard Chartered Bank, Blackstone, Pfizer, CISCO
- Coworking & Startups: WeWork, several unicorns, and fintech players
- Government & Diplomatic Offices: RBI, Income Tax Department, GST, Family Court, and the US Consulate
The proximity of Kalina to such a powerhouse ecosystem adds immense value to Raheja Centre Point, making the buyback a calculated long-term investment.
L. Sadriwala, the Editor-in-Chief at Housiey, is a seasoned writer whose professional journey in content creation began in 2015. With a background rooted in a family of real estate developers, her transition into real estate writing was a natural evolution, bringing together her storytelling expertise and deep industry understanding.
Over the years, she has authored impactful blogs across diverse niches such as food, travel, and lifestyle, before establishing her reputation as a trusted voice in Indian real estate. Today, her work stands out for its clarity, accuracy, and ability to simplify complex property concepts for readers.
At Housiey, every article crafted by L. Sadriwala reflects thorough research, verified facts, and a reader-first approach. From decoding housing policies and trends to offering in-depth builder reviews and project insights, her mission is clear: to empower homebuyers and investors with the knowledge they need to make confident property decisions.
Her writing not only informs but also builds trust, making her one of the most credible editorial voices in the real estate space.
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