New Space

Southasia - - BRIEFINGS -

The lat­est ad­di­tion to Mum­bai’s Ban­dra-Kurla Com­plex is the phar­ma­ceu­ti­cal gi­ant Pfizer which has leased 90,000 sq ft of­fice space at the Wad­hwa Group's commercial tower, The Cap­i­tal. Pfizer will shift its head­quar­ters from Jo­gesh­wari, which was next to a cow­shed. The Cap­i­tal al­ready houses such phar­ma­ceu­ti­cal com­pa­nies as Roche (Swiss) and Takeda Phar­ma­ceu­ti­cals (Ja­panese).

It is learnt that the Na­tional Pay­ments Cor­po­ra­tion of In­dia is also at an ad­vanced stage of set­ting up its In­dia HQ at BKC. A large for­eign bank is also plan­ning to shift there from Na­ri­man Point. The BKC has close to 25 lakh sq ft of commercial space ly­ing va­cant or un­der con­struc­tion, which has led to the new sup­ply and de­mand sit­u­a­tion.

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