DCB Bank has bought 15,464 sq ft office space in Peninsula Business Park in Lower Parel, Mumbai, Maharashtra, for over Rs 37 crore on an outright basis.
The bank has acquired the office space on 18th floor of tower A of the commercial project. Along with the carpet area of over 10,049 sq ft, the bank will also get exclusive access to 15 car parks as part of this deal.
DCB Bank has purchased the property from Templecraft Realty.
The bank currently occupies office space on the sixth floor of this tower and operates its corporate office functions.