Bennett Coleman & Company Limited (BCCL), popularly known as The Times Group, has made a substantial investment in Mumbai’s commercial real estate sector by acquiring four prime commercial spaces in Santacruz East. The total transaction value amounts to ₹261.9 crore, according to property registration documents reviewed by Square Yards on the official website of the Inspector General of Registration (IGR) Maharashtra.
All four transactions were officially registered in March 2025, marking a strategic expansion for BCCL in one of Mumbai’s most sought-after commercial destinations. Located in the high-end commercial project Kalpataru Infinia, developed by the Kalpataru Group, these spaces collectively offer a built-up area of approximately 43,622 sq. ft. (4,052.4 sq. m) and a carpet area of around 39,642 sq. ft. (3,682.83 sq. m).
Prime Location with Excellent Connectivity
Santacruz East, strategically positioned in Mumbai’s western suburbs, is known for its proximity to major business hubs like Bandra Kurla Complex (BKC) and superb connectivity through the Western Express Highway, Santacruz railway station, and the Mumbai Metro. The area is home to numerous commercial complexes, corporate offices, and premium residential developments, making it an attractive location for business investments.
Transaction Details and Additional Facilities
The acquisition comprises four commercial units, with individual transaction values ranging from ₹63.87 crore to ₹66.75 crore. The total stamp duty paid amounts to ₹15.71 crore, while each transaction incurred a standard registration fee of ₹30,000. The purchase also includes 56 car parking spaces, offering added convenience for future occupants.
Expanding Presence in Key Markets
Founded in 1838, BCCL is India’s largest media conglomerate, known for iconic publications like The Times of India, the world’s most widely circulated English daily, and The Economic Times, India’s leading business daily. The group also owns prominent regional dailies such as Navbharat Times and Maharashtra Times, alongside popular magazines Filmfare and Femina.
BCCL has significantly diversified its media portfolio beyond print, with its broadcast division Times Network hosting leading TV channels like Times Now and the nationwide FM radio network Radio Mirchi. The company’s digital presence, driven by Times Internet, further consolidates its influence across news, entertainment, and technology platforms.
Strategic Move for Business Expansion
The acquisition of commercial spaces in Santacruz East underscores BCCL’s commitment to strengthening its operational presence in Mumbai’s thriving business ecosystem. As the financial capital continues to evolve, this strategic move positions BCCL to accommodate future growth and reinforce its leadership in India’s media and business landscape.
The transactions reviewed by Square Yards reflect a calculated investment strategy, reinforcing BCCL’s focus on leveraging prime commercial locations to expand its influence and operational capacity.
