168,000 Sq ft space to be acquired by Unity Small Finance Bank in Mumbai
Centrum Financial Services and BharatPe owned banking entity Unity Small Finance Bank (USFB) has entered into agreements to purchase 168,000 sq ft of office space in Mumbai's Santacruz suburb and Navi Mumbai's Seawoods area. The deal is valued at Rs 393 crore of which the bank will be paying Rs 227 crore for the Santacruz office, which will be In a proposed slum rehabilitation project.
As per udates the developer of the Santacruz project received a letter of intimation (LOI) and approval from the Slum Rehabilitation Authority for the project last year and has also acquired additional land adjacent to the existing plot and is expected to apply for an amended LOI and approvals to include the additional land too.
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