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RBI looks to buy additional office space in Mumbai

Monday, 09 Aug 2021
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The Reserve Bank of India (RBI) is looking for additional office space in the financial capital near its head office in South Mumbai, or in Bandra-Kurla Complex area in Maharashtra.

RBI wants office space with a size of 2,601 to 7,681 sq mtr, for which it has issued a request for proposals (RfP) for ‘outright purchase of office premises’ in Mumbai.

The Central bank intends to purchase vacant and peaceful possession of office space having clear and marketable title, for its use in South Mumbai and/or in Bandra-Kurla Complex (BKC) area near to its existing establishments.

As per the RfP, the RBI is looking for office premises with minimum 2,601 sq mtr (28,000 sq ft) and maximum 7,618 sq mtr (82,000 sq ft) carpet area located in South Mumbai within a radius of 1.5 km from its Central Office Building in Fort, Mumbai and/or in BKC.

Offers of property situated on leasehold land with residual lease period at least 30 years will also be considered by RBI.
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