Veteran Media Group Bennett Coalman & Company Limited (BCCL) has bought an under-construction Kalpataru Infinia office and commercial development in Santacruz (East) for about 66,330 sq ft office space for around Rs 460 crore. This has been revealed by the documents of property registration. Moneycontrol, in an investigation by the documents, found that it included the buyer BCCL and the company’s vice chairman Sameer Jain. BCCL and Sameer Jain together have bought seven commercial units, each of which is worth around Rs 66 crore and each unit has an area of about 9,500 sq ft. The deal also includes 98 parking spaces. According to the documents, all the deals were signed in March 2025.
BCCL Group dominates real estate
After a family agreement in 2023, Sameer Jain got a print business of BCCL while broadcast and internet business got his younger brother Vineet. Both brothers had assured BCCL’s real estate holdings across the country and agreed to their sharing. Both the print and broadcast division of the Times Group have a strong real estate portfolio in Mumbai. The group has a lot of dominance in real estate at Lower Parel, Aroli and other places in Mumbai.
About kalpataru infinia
Kalpataru Infinia is close to completion. The real estate firm Kalpataru Limited, who is preparing to bring it an IPO, has developed. Its headquarters are also with this project. Located near the Bandra Kurla Complex, the area has homes of headquarters of some big companies, such as Asian Paints, and Grand Hyatt luxury hotels nearby. The MSK Family Trust in Kalpataru Infinia has also bought two units for about Rs 120 crore. In Kalpataru Infinia, 1.15 lakh square feet have been prepared for lease or sale, in which the developers have kept 29 thousand square feet with themselves.
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