The National Stock Exchange (NSE) has secured a long-term lease of over 1 lakh sq ft of prime commercial land in Mumbai's Bandra Kurla Complex (BKC) from where it oeprates its headquarters.
The 80-year lease deal, valued at ₹1,684 crore, involves two merged land parcels allotted by MMRDA, the planning authority for the area, reported Hindustan Times.
The transaction, registered earlier this month, covers plots C-81 and C-82 in G Block, spanning a total area of 10,995 sq metres.
ALSO READ: NSE OFS: PSU Shareholders To Sell Rs 15,500 Crore, Exchange Eyes 4-5% Equity Dilution
NSE finalised the lease at a rate of ₹3.87 lakh per sq metre (approximately ₹36,000 per sq ft) and also paid ₹75.79 crore as stamp duty for the deal, the report added.
“National Stock Exchange of India on December 02, 2025, received the allotment letter from MMRDA, reported HT Real Estate quoting NSE.
The National Stock Exchange said that the development is expected to contribute to Mumbai's economic ecosystem.
ALSO READ: NSE Q4 Results: IPO-Bound Exchange Posts 19% Jump In Profit, Announces Dividend
Last week, NSE reported consolidated profit of Rs 2,871 crore in Q4, posting a 19% jump quarter-on-quarter. Consolidate revenue of the exchange advanced by 34% quarter-on-quarter for the three months ended March, reaching Rs 4,077 crore.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
