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 is the Editor-in-Chief at Housiey, with a professional writing career spanning since 2015. Coming from a family of real estate developers, her deep-rooted industry understanding naturally shaped her focus on real estate content, where she combines domain knowledge with clear, reader-first writing.
She specializes in simplifying complex property concepts — from housing policies and market trends to builder reviews and project insights — into accurate, easy-to-understand guidance for homebuyers and investors.
At Housiey, every article by L. Sadriwala is built on thorough research and verified facts. Her goal is straightforward: to empower homebuyers and investors with reliable, trustworthy information that helps them make confident property decisions.
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