




Windsor Realty, a Mumbai-based real estate developer, has completed an office acquisition worth ₹283 crore close to the Bandra-Kurla Complex (BKC) in Santacruz, as a strategic initiative to bring all ownership under one umbrella.
This deal comprises nine office units with a combined carpet area of 42,340 sq ft and the agreement was negotiated internally among three different parties, according to the documents. The transaction involved purchasing six units from various corporations including Prism Johnson Ltd, and additional three from the developer's partner.
India's office market recorded leasing of 82.6 million sq ft across its nine key cities in 2025, marking a marginal 1% annual increase as demand from Indian companies and global occupiers remained steady.
Most of this activity was concentrated in Bengaluru, Mumbai, and Delhi-NCR, which together made up about 61% of total absorption. Leasing activity picked up sharply in the last quarter, with these three cities alone accounting for 22.2 million sq ft. Flexible workspace providers, along with firms from the technology and BFSI sectors, dominated demand, contributing close to 60% of overall office space uptake during the year.
This localized transaction mirrors the broader positive trend in the Indian commercial real estate market, where key cities like Mumbai are driving robust leasing activity, demonstrating sustained demand for office spaces from both domestic and global occupiers in 2025. Windsor Realty's significant investment of ₹283 crore to acquire all remaining nine office units in the "Windsor" building in Santacruz represents a successful strategic move to consolidate total ownership under a single entity.
