India´s largest consumer goods company Hindustan Unilever has sold its erstwhile headquarters Lever House at Churchgate in south Mumbai to its current tenant, Housing Development Finance Corporation, for around Rs 300 crore. The transaction is part of the lease-and-sell agreement entered into by HUL at the time of leasing out the 1.53-lakh sq ft commercial building to financial institution HDFC in early 2012.
FlashNews:
Steeling Energy Security: SAPL Redefines India’s Gas Economy
GCCs Propel India’s Office Market to Record Absorption in 2025
ABB Dispatches First India-Made Wind Converter After Gamesa Acquisition
Discoms Spark Turnaround: Power Utilities Post First Profit in Several Years
DGCA Fines IndiGo ₹222 Million, Warns Management Over December Flight Disruptions
CII Urges Infrastructure Push, Competitiveness and Digitisation in Union Budget
PM Modi Flags Off Vande Bharat Sleeper Train as Symbol of Viksit Bharat
Officials Gear Up for Full Operationalisation of Western Dedicated Freight Corridor
Transition to Bioenergy Requires Cohesive Effort Across Entire Value Chain: Naik
Air India, Singapore Airlines Ink Cooperation Framework to Deepen Partnership
Manohar Lal Flags Off Countdown to Global Bharat Electricity Summit 2026 in March
Project Kaundinya: India, Oman Must Collaborate on Green Shipping Corridor, Says Sonowal
Project Kaundinya: OneWeb Connectivity Powers Indian Navy’s Historic INSV Kaundinya Voyage
Project Kaundinya: INSV Kaundinya Voyage Revives India‑Oman 5,000-Year-Old Maritime Legacy
CII Suggests Mandates and Incentives to Drive India’s Green Hydrogen Economy
India’s Construction Equipment Demand Falls 9%, Exports Surge Amid Revival Prospects
Coal and the Grid: Why India Still Needs Baseload Power
RVNL to Build 200-Wagon POH Workshop in Odisha Under ₹2.01 Billion EPC Contract
NHAI Launches Internship Programme to Build Highway Talent Nationwide
Home » HUL sells iconic headquarters
HUL sells iconic headquarters
Infrastructure Finance
January 1, 2015January 1, 2015


Leave a Reply
You must be logged in to post a comment.