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Thursday, July 18, 2013

StanChart puts office for sale

Standard Chartered Bank has invited bids for the sale of its 2.46 lakh sq ft office property located in Goregaon, Mumbai. According to reports, the idea is to consolidate the bank’s operations and relocate its staff to the bank’s two offices in Mumbai’s Fort area and Bandra Kurla Complex.

An advertisement issued by Jones Lang LaSalle, the property consultant roped in by the bank, said the standalone commercial building located on the Western Express Highway in Goregaon East comprises ground plus six floors. It also includes two basements and an independent club house. “The property to be sold is on an as-is-where-is basis along with furniture, fittings and equipment,” the ad added.

The last date for the bids is September 2. ccording to reports, the floor price of the property has been set at Rs 325 crore, valuing the property at Rs 13,207 per sq ft.

Source: thehindubusinessline

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