India, Sept. 11 -- In one of 2025's largest outright land deals by value, the Reserve Bank of India (RBI) has acquired 4.16 acres from the Mumbai Metro Rail Corporation Limited (MMRCL) for Rs.3,472 crore at Nariman Point.

According to the property registration documents, the sale deed for the transaction was registered on September 5, 2025. For this, a stamp duty of Rs.20.83 crore was paid, along with a registration fee of Rs.30,000.

The MMRCL had pegged the plot's reserve price at around Rs.5,173 crore. In October 2024, the MMRC floated global bids to monetise the land on a long-term lease basis. However, in November 2024, the RBI expressed interest in purchasing it.

The documents accessed by CRE Matrix showed that the MMRCL's Board a...