Archive · 19 Jun 2025
AU Small Finance Bank Buys Bandra Office Tower for Corporate HQ
Imagine a big bank, AU Bank, wanted a new office in a busy city, Mumbai.
They found a really nice office building called 'Vishwas' and bought it.
It's a fancy building with lots of space and is located in a prime area.
The bank paid a lot of money, about 371 crore rupees, showing they believe Mumbai is a good place to do business.
The building is near important places like a metro station and hospitals.
This is a good move for the bank, and it also shows that more banks might buy buildings instead of renting them.
AU Small Finance Bank purchased the 'Vishwas' office tower in Bandra East for ₹371 crore.
The tower is a Grade-A commercial property with premium design and infrastructure.
The property will serve as AU Bank's new Corporate Headquarters.
The tower spans 11 levels, two basements, and offers over 74,000 sq. ft. of office space.
The transaction signifies a shift towards outright commercial purchases by financial institutions in Mumbai.
- Who
- AU Small Finance Bank and builder Samir Bhojwani.
- What
- AU Small Finance Bank purchased the 'Vishwas' office tower.
- When
- Information not available.
- Where
- Bandra East, Mumbai, India.
- Why
- The bank needed a new Corporate Headquarters and to invest in Mumbai's commercial real estate.
- Property Name
- Vishwas
- Buyer
- AU Small Finance Bank
- Location
- Bandra East, Mumbai
- Transaction Value
- ₹371 crore
- Office Space
- 74,000+ sq. ft.
- Levels
- 11
- Parking
- 98 car parks