Express Towers is an iconic, trophy office building situated in Nariman Point within Mumbai’s Central Business District. It is in a prime location in close proximity to some of India’s most exclusive residential neighborhoods and state infrastructure (such as the State High Court and State Legislative Assembly) and has panoramic views of the city’s promenade (Marine Drive), South Mumbai and the Arabian Sea. The property also has excellent transport links via the public transportation network and the Mumbai Metro (currently under construction) is expected to further enhance its connectivity.
Express Towers comprises 0.5 msf of Completed Area. Its prime location and top-class facilities have attracted marquee tenants, including international private equity funds, multinational banks, top-tier consulting firms and law practices. This property is one of the very few Grade A office buildings in this submarket, which is institutionally held. This, along with the lack of developable land for new supply in the submarket, further enhances the competitive advantage of this asset. The property recently underwent a major repositioning program, which included façade replacement for the entire building exterior, lobby refurbishment, canopy installation, elevator revamp and enhanced security controls. Subsequently, it was awarded the “Best Commercial Renovation/ Redevelopment in India” at the Asia Pacific Property Awards in FY2017.