Real estate developer Raheja Universal Pvt. Ltd. has reacquired its commercial asset Raheja Centre Point, located at Kalina in Santacruz (East), in a deal valued at ₹211 crore.
According to the registered sale deed accessed by SquareFeatIndia, the transaction was formalised on 9 September 2025. The document records Raheja Universal as the purchaser, while HDFC Bank Ltd. is shown as the seller.
Deal Value and Stamp Duty
The sale deed notes the consideration value of ₹211 crore for the transfer of the property. It also confirms the payment of ₹12.66 crore as stamp duty along with registration charges at the time of execution.
Property Details
Raheja Centre Point is a commercial building situated on C.S.T. Road, Kalina, Santacruz (East), Mumbai. The document describes the premises as comprising office spaces within the multi-storey complex. Publicly available property listings indicate a total built-up area in the range of 49,000–66,500 sq ft, spread across multiple floors including basements, upper levels, and terraces.
Counterparty and Background
With this transaction, Raheja Universal has regained ownership of a building that earlier served as part of its commercial portfolio. The sale deed accessed by SquareFeatIndia confirms the transfer of rights back from HDFC Bank Ltd. to the developer.
Market observers say Kalina’s proximity to the Bandra-Kurla Complex (BKC) has made it a sought-after commercial hub, drawing both investors and occupiers seeking cost-effective alternatives to BKC’s premium rentals.
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