Essar Group has announced the sale of its Equinox Business Park that comprises of 1.25 million sq ft office space at prime Bandra-Kurla Comlplex (BKC) in Mumbai for around Rs 2,400 crore to realty firm RMZ Corp.
Essar group said in a statement that “Essar and RMZ Corp announce the signing of definitive agreement in connection with acquisition of Equinox Business Park, a 1.25 million sq ft office space prominently located in Mumbai’s prime CBD at Bandra-Kurla Complex for approx Rs 2,400 crore.”