After NSE, BSE scouts for land parcel in BKC
MUMBAI, March 8 -- After the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE) is scouting for a land parcel in the Bandra Kurla Complex (BKC) to expand its operational footprint.
Senior BSE officials have reached out to the Mumbai Metropolitan Region Development Authority (MMRDA), the BKC's land owner, seeking the allotment of land to expand its office space outside South Mumbai.
On Saturday, BSE's managing director & chief executive officer Sundararaman Ramamurthy along with chief regulatory officer Kamala Kantharaj met MMRDA commissioner Sanjay Mukherjee to discuss the issue.
This development follows NSE's recent expansion in BKC, where a prime plot was allotted to the exchange, for its new headquarters.
"In recent years, the Bandra Kurla Complex has witnessed strong interest from leading financial institutions, multinational corporations, and global investment firms looking to establish their presence in the district.
This growing demand underscores Bandra Kurla Complex's strategic location, robust infrastructure and its evolution as the epicentre of India's financial ecosystem," according to MMRDA....
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