Raheja Universal Buys Back Kalina Office Tower from HDFC for ₹211 Crore


Raheja Universal Buys Back Kalina Office Tower from HDFC for ₹211 Crore

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.

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.