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Essar has announced sale of business park in Mumbai for Rs 2,400 crore

Indian conglomerate Essar inked 3 MOUs with the Gujarat Government in the energy transition, power and port sectors.

Essar Group has announced the sale of its Equinox Business Park that comprises of 1.25 million sq ft office space at prime Bandra-Kurla Comlplex (BKC) in Mumbai for around Rs 2,400 crore to realty firm RMZ Corp.

Essar group said in a statement that “Essar and RMZ Corp announce the signing of definitive agreement in connection with acquisition of Equinox Business Park, a 1.25 million sq ft office space prominently located in Mumbai’s prime CBD at Bandra-Kurla Complex for approx Rs 2,400 crore.”

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