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Mumbai’s first Mall Sold for ₹476 Crore

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On April 8, 2024, the first Mall in Mumbai, located at SoBo, which also was known as SoBo Central and earlier Crossroads has been sold

The mall was amongst the first shopping complexes that opened in Mumbai.

According to documents accessed by SquareFeatIndia provided by Propstack, the seller is Bansi Mall Management Company Pvt. Ltd. And the buyer is K Raheja Corp Real Estate Pvt Ltd

The property details include Land and Building consisting of Crossroad Condominium, Madan Mohan Malviya Marg, Haji Ali, Mumbai

The total Plot Area is 5357.33 sqm whereas the Total Built up Area: 9873.35 sqm + 1579.45 sqm (common area and facilities).

Stamp duty of ₹28.56 Crore was paid for the registration of the property.

Also Read: Fast Lane to Comfort: Residential Boom along Mumbai’s Western Express Highway

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Mumbai’s first Mall Sold for ₹476 Crore

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Mumbai’s first Mall Sold for ₹476 Crore

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