India, May 12 -- The National Stock Exchange (NSE) has leased over 1 lakh sq ft of prime land in Mumbai's costliest commercial district, Bandra Kurla Complex (BKC), for 80 years at a total consideration of Rs.1,684 crore. The lease involves two amalgamated land parcels acquired from the Mumbai Metropolitan Region Development Authority (MMRDA), the special planning authority for BKC, according to property registration documents accessed by Propstack.

According to the documents, the allotment pertains to amalgamated plots C-81 and C-82 located in the G Block of BKC. Together, the plots measure 10,995 sq m, or approximately 1.1 lakh sq ft, and have been leased to the NSE for 80 years.

The documents further show that the maximum permissible...