{"id":1251,"date":"2024-06-22T05:06:16","date_gmt":"2024-06-22T05:06:16","guid":{"rendered":"https:\/\/www.floortap.com\/resources\/?p=1251"},"modified":"2024-07-02T06:09:07","modified_gmt":"2024-07-02T06:09:07","slug":"unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai","status":"publish","type":"post","link":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/","title":{"rendered":"Unity Small Finance Bank Acquires Commercial Properties Worth Rs. 227 Crore in Mumbai"},"content":{"rendered":"\n

Unity Small Finance Bank has made a significant commercial real estate investment by acquiring several floors totaling 70,000 square feet of carpet space in the “Unity Towers”, a commercial skyscraper in Mumbai’s Santacruz East neighborhood. This major transaction, detailed in documents accessed by FloorTap.com<\/a>, highlights the bank’s strategic expansion in Mumbai’s prime commercial areas.<\/p>\n\n\n\n

Property Acquisition Details<\/strong><\/h2>\n\n\n\n

Unity Small Finance Bank, owned by Centrum Group and BharatPe, has acquired several floors in the “Unity Towers” building. The seller is Intercon Constructions (I) Private Limited.<\/p>\n\n\n\n

Transaction Summary<\/strong><\/h2>\n\n\n\n

According to documents accessed by FloorTap.com, Unity Small Finance Bank finalized the purchase of these floors for Rs 227 crore. The transaction was registered on June 18, with the bank paying Rs 13.62 crore in stamp duty.<\/p>\n\n\n\n

Detailed Property Breakdown<\/strong><\/h2>\n\n\n\n

The acquired property includes four contiguous floors, specifically the 2nd to the 5th floors, measuring 56,729.72 square feet. Additionally, it comprises a portion of the first floor with a carpet area of 7,871 square feet, a commercial unit on the ground floor with 2,195 square feet, a guest lounge of 1,270 square feet on the ground floor, and an upper basement with a carpet area of 1,934 square feet. The deal comes with 120 car parking spaces.<\/p>\n\n\n\n

Market Impact and Significance<\/strong><\/h2>\n\n\n\n

According to real estate experts, this transaction is likely the largest commercial real estate deal of 2024. Mumbai has seen a series of significant property transactions recently, with this being the latest addition.<\/p>\n\n\n\n

Recent Transactions in Mumbai<\/strong><\/h2>\n\n\n\n

Recent transactions in Mumbai’s commercial real estate market highlight significant investments. The market continues to see robust activity, with large-scale transactions setting new benchmarks. In a recent transaction, Bandhan Bank Ltd made a significant investment in Mumbai\u2019s Bandra Kurla Complex (BKC)<\/a> by acquiring 12 commercial units for a total of \u20b9135.64 crore.<\/p>\n\n\n\n

In another significant transaction, Tata Digital Private Limited (TDPL) renewed the lease on its headquarters at Fort House in Mumbai<\/a> for a monthly rent of Rs 3 Cr.<\/p>\n\n\n\n

FloorTap connects you with commercial real estate stakeholders for effective decision-making, regardless of your role as a broker, tenant, or landlord.<\/p>\n","protected":false},"excerpt":{"rendered":"

Unity Small Finance Bank has made a significant commercial real estate investment by acquiring several floors totaling 70,000 square feet of carpet space in the “Unity Towers”, a commercial skyscraper in Mumbai’s Santacruz East neighborhood. This major transaction, detailed in documents accessed by FloorTap.com, highlights the bank’s strategic expansion in Mumbai’s prime commercial areas. Property […]<\/p>\n","protected":false},"author":1,"featured_media":1258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[15],"tags":[94,17,95],"class_list":["post-1251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media","tag-bkc","tag-real-estate-transaction","tag-unity-small-finance-bank"],"yoast_head":"\nUnity Small Finance Bank Acquires Mumbai Commercial Properties<\/title>\n<meta name=\"description\" content=\"Unity Small Finance Bank acquires multiple floors in Unity Towers, Santacruz East, Mumbai. This significant real estate transaction highlights the bank's strategic expansion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unity Small Finance Bank Acquires Mumbai Commercial Properties\" \/>\n<meta property=\"og:description\" content=\"Unity Small Finance Bank acquires multiple floors in Unity Towers, Santacruz East, Mumbai. This significant real estate transaction highlights the bank's strategic expansion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\" \/>\n<meta property=\"og:site_name\" content=\"FloorTap Resources\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-22T05:06:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-02T06:09:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2024\/06\/BKC-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1456\" \/>\n\t<meta property=\"og:image:height\" content=\"819\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2\"},\"headline\":\"Unity Small Finance Bank Acquires Commercial Properties Worth Rs. 227 Crore in Mumbai\",\"datePublished\":\"2024-06-22T05:06:16+00:00\",\"dateModified\":\"2024-07-02T06:09:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\"},\"wordCount\":350,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#organization\"},\"keywords\":[\"BKC\",\"Real Estate Transaction\",\"unity small finance bank\"],\"articleSection\":[\"Media\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\",\"url\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\",\"name\":\"Unity Small Finance Bank Acquires Mumbai Commercial Properties\",\"isPartOf\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#website\"},\"datePublished\":\"2024-06-22T05:06:16+00:00\",\"dateModified\":\"2024-07-02T06:09:07+00:00\",\"description\":\"Unity Small Finance Bank acquires multiple floors in Unity Towers, Santacruz East, Mumbai. This significant real estate transaction highlights the bank's strategic expansion.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.floortap.com\/resources\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Unity Small Finance Bank Acquires Commercial Properties Worth Rs. 227 Crore in Mumbai\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#website\",\"url\":\"https:\/\/www.floortap.com\/resources\/\",\"name\":\"FloorTap Resources\",\"description\":\"Real Estate Articles, Property Market Updates, Insights\",\"publisher\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.floortap.com\/resources\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#organization\",\"name\":\"FloorTap Resources\",\"url\":\"https:\/\/www.floortap.com\/resources\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png\",\"contentUrl\":\"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png\",\"width\":2776,\"height\":943,\"caption\":\"FloorTap Resources\"},\"image\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/blog.floortap.com\/blog\"],\"url\":\"https:\/\/www.floortap.com\/resources\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Unity Small Finance Bank Acquires Mumbai Commercial Properties","description":"Unity Small Finance Bank acquires multiple floors in Unity Towers, Santacruz East, Mumbai. This significant real estate transaction highlights the bank's strategic expansion.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/","og_locale":"en_US","og_type":"article","og_title":"Unity Small Finance Bank Acquires Mumbai Commercial Properties","og_description":"Unity Small Finance Bank acquires multiple floors in Unity Towers, Santacruz East, Mumbai. This significant real estate transaction highlights the bank's strategic expansion.","og_url":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/","og_site_name":"FloorTap Resources","article_published_time":"2024-06-22T05:06:16+00:00","article_modified_time":"2024-07-02T06:09:07+00:00","og_image":[{"width":1456,"height":819,"url":"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2024\/06\/BKC-1.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#article","isPartOf":{"@id":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/"},"author":{"name":"admin","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2"},"headline":"Unity Small Finance Bank Acquires Commercial Properties Worth Rs. 227 Crore in Mumbai","datePublished":"2024-06-22T05:06:16+00:00","dateModified":"2024-07-02T06:09:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/"},"wordCount":350,"commentCount":0,"publisher":{"@id":"https:\/\/www.floortap.com\/resources\/#organization"},"keywords":["BKC","Real Estate Transaction","unity small finance bank"],"articleSection":["Media"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/","url":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/","name":"Unity Small Finance Bank Acquires Mumbai Commercial Properties","isPartOf":{"@id":"https:\/\/www.floortap.com\/resources\/#website"},"datePublished":"2024-06-22T05:06:16+00:00","dateModified":"2024-07-02T06:09:07+00:00","description":"Unity Small Finance Bank acquires multiple floors in Unity Towers, Santacruz East, Mumbai. This significant real estate transaction highlights the bank's strategic expansion.","breadcrumb":{"@id":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.floortap.com\/resources\/unity-small-finance-bank-acquires-commercial-properties-worth-rs-227-crore-in-mumbai\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.floortap.com\/resources\/"},{"@type":"ListItem","position":2,"name":"Unity Small Finance Bank Acquires Commercial Properties Worth Rs. 227 Crore in Mumbai"}]},{"@type":"WebSite","@id":"https:\/\/www.floortap.com\/resources\/#website","url":"https:\/\/www.floortap.com\/resources\/","name":"FloorTap Resources","description":"Real Estate Articles, Property Market Updates, Insights","publisher":{"@id":"https:\/\/www.floortap.com\/resources\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.floortap.com\/resources\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.floortap.com\/resources\/#organization","name":"FloorTap Resources","url":"https:\/\/www.floortap.com\/resources\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/","url":"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png","contentUrl":"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png","width":2776,"height":943,"caption":"FloorTap Resources"},"image":{"@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/blog.floortap.com\/blog"],"url":"https:\/\/www.floortap.com\/resources\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts\/1251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/comments?post=1251"}],"version-history":[{"count":9,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts\/1251\/revisions"}],"predecessor-version":[{"id":1304,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts\/1251\/revisions\/1304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/media\/1258"}],"wp:attachment":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/media?parent=1251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/categories?post=1251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/tags?post=1251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}