Raheja Universal Strengthens Commercial Portfolio with Buyback of Raheja Centre-Point, Off BKC for ₹211 Crore

Raheja Universal has re-acquired its former headquarters, Raheja Centre-Point in Mumbai’s Off BKC, from HDFC Bank for ₹211 crore, marking a strategic portfolio move.

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In a significant strategic move, Raheja Universal (Pvt) Ltd. has re-acquired its iconic corporate office, Raheja Centre-Point, located on CST Road, Off BKC, Mumbai, for ₹211 crore.

Developed in 2004, this premium five-storey glass façade commercial building served as the Company’s headquarters for 16 years. In 2020, the property was strategically divested to HDFC Ltd. (now HDFC Bank Ltd.) as part of a broader portfolio realignment.

With evolving market dynamics, the buyback reflects a continued strategic focus, as Raheja Universal successfully bid for the asset in a sale process initiated by HDFC Bank. The agreement was registered on 9th September 2025, with a stamp duty of ₹12.66 crore paid, as per official records.

Located in the now-thriving Off BKC commercial zone, Raheja Centre-Point was among the first Grade-A office buildings in the area, highlighting Raheja Universal’s foresight in identifying high-growth micro-markets.

This reacquisition reinforces the company’s long-term vision and commitment to Mumbai’s commercial real estate, strengthening its position as a future-focused legacy developer.

The Company continues to be a key player in the Mumbai Metropolitan Region, with landmark developments including The Rivière, Worli; Verona, Siena & Cyprus at Raheja Exotica, Versova Island; and Solaris, Lunaris, Prime and recently pre-launched World Trade Center Navi Mumbai at Raheja District, Vashi NX.

Image source-  matchoffice.in

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