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NCC Ltd Buys ₹18.5 Crore Office in Andheri’s Kanakia Wallstreet

Draxen Smith By · News Desk · · Updated
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NCC Ltd

Infrastructure major NCC Ltd has purchased a premium commercial office unit in Andheri East, Mumbai, for ₹18.5 crore, according to recently registered property documents. The company acquired office number 903 in A-Wing of Kanakia Wallstreet, a modern commercial development located along the Andheri–Kurla Road. The unit spans a carpet area of 3,318 sq ft and a saleable area of about 5,641 sq ft, along with three dedicated parking spaces.

The transaction was registered on 19 November 2025. NCC Ltd paid ₹1.11 crore in stamp duty and a registration fee of ₹30,000 for the purchase. The seller in this deal was Apicore Pharmaceuticals, a US-based company that previously owned the office unit.

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Kanakia Wallstreet has emerged as a high-demand destination for corporate occupiers due to its contemporary design, business-focused amenities, multi-level parking facility, and excellent connectivity to Mumbai’s key transport networks. Its proximity to the Western Express Highway, the metro line, and the international airport adds to its appeal for companies seeking strategic commercial locations.

Industry experts note that NCC Ltd’s acquisition underscores the strong and consistent demand for Grade-A commercial spaces in Mumbai. Real estate advisors believe that major corporate investments in established business corridors signal sustained confidence in the city’s long-term commercial real estate outlook.

This deal also follows another significant transaction in the same building. Actor and investor Saif Ali Khan recently purchased two commercial units in Kanakia Wallstreet for a combined value of ₹30.75 crore. Multiple high-value acquisitions within days highlight the rising interest in this commercial hub from both business entities and private investors.

The momentum in Andheri East aligns with broader market trends that show companies prioritising office spaces with superior infrastructure, accessibility, and long-term value. With its modern features and strategic location, Kanakia Wallstreet is expected to continue attracting premium occupiers and investors. NCC Ltd’s acquisition further reinforces the building’s status as one of Mumbai’s prominent commercial real estate destinations.

Also Read: The Standard Launches New Global Capability Center in India

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Draxen Smith
Draxen SmithNews Desk · BookNewProperty

Yash Paul is a real estate journalist and researcher based in Bangalore. He tracks emerging property hotspots and major developer announcements. Yash is dedicated to providing transparent, factual reporting on the region's rapidly evolving housing and commercial landscape.

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