Raheja Universal buys back HQ for Rs 211 cr

Realty developer Raheja Universal has re-acquired its corporate headquarters, Raheja Centre-Point on CST Road near Mumbai's business district Bandra-Kurla Complex for Rs 211 crore.

Originally developed by Raheja Universal in 2004, the five-storey commercial building housed the company’s headquarters for 16 years before being sold to HDFC, which has now merged with HDFC Bank, in 2020. The sale at that time was part of a wider portfolio realignment strategy.

The asset has now returned to Raheja Universal through a successful bid in a sale process initiated by HDFC Bank.


The latest agreement was registered on 9th September 2025, with stamp duty of Rs 12.66 crore paid, the developer said.

The move aligns with a broader trend of developers increasing exposure to income-generating office assets, even as the residential sector continues to dominate launches.

For the company, the buyback not only consolidates its portfolio but also re-establishes a key corporate address in a key location.