Godrej and Boyce Manufacturing Company sells office space to Godrej Industries for INR 157 Cr

The Godrej and Boyce Manufacturing Company, a mixed-use development project that combines commercial offices with luxury residential units has made major real estate transactions, selling premium office spaces to Godrej Industries Limited for Rs 157 crore in Mumbai’s Vikhroli, reported Moneycontrol.
As per the report of Moneycontrol, citing document accessed by Propstack, the sale involves two office spaces located in the posh Godrej One tower in Vikhroli, Mumbai. The agreement for this transactions was finalised on April 30.
About the office spaces
The first office space, situated in the 8th floor of the north tower in the Godrej One building, spans 24,364 square feet and the second office space is on the 9th floor of the same floor, added the Moneycontrol report.
The North tower in the Godrej one building, where these offices are located has two basement levels and 11 floors for office use.
In addition to the office space, the deal also includes a 75 parking spaces.