MMRDA to earn Rs 2,000 crore for 2 plots

In a major real estate deal, Mumbai Metropolitan Region Development Authority (MMRDA) will earn Rs 2,067 crore with a Japanese firm bagging the tender for leasing two land parcels at Bandra-Kurla Complex for the next 80 years. The bid for the two commercial plots, measuring 5,807.50 sq m and 6,077.60 sq m, was finalized at a little more than the reserved price stipulated by the development authority.

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