Chromium, JVLR, Powai, Mumbai

JVLR, Mumbai, Maharashtra, 400072, IN

Asset description

Jones Lang LaSalle (“JLL”), as the sole and exclusive advisor to Kothari Group (“Client/Vendor”), is pleased to present a rare opportunity to acquire the entire building more commonly known as “Chromium" (the “Asset/Subject Property”), which is located along JVLR, Powai, Mumbai

The Asset enjoys excellent frontage and visibility along JVLR and has received full building Occupation Certificate (OC) in the year Feb 2022. The Asset is constructed as per international standards and is IGBC Gold Certified. The upcoming Metro Line 6 station is strategically positioned in the immediate vicinity of the Subject Property, enhancing its accessibility and potential value

JLL is seeking a non-binding Expression of Interest (“EOI”) from prospective bidders to acquire the Asset on an "as is where is" basis by 5 pm on 9th May, 2025

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Building area gross

286,776 sf

Land area gross

1.97 acres

Floors

Building class

Year built

2014

Call for offers

05/08/2025

Unique Acquisition Opportunity- Opportunity to acquire an entire building with Grade A quality specifications with LEEDs Gold Certified Green Building (Core & Shell)
Excellent Locational Attributes- Strategically located with excellent frontage and visibility from JVLR, Powai, that connects the Western and Eastern Suburbs of the city. The upcoming infrastructure (Metro Line 6) from the Subject Property shall further enhance connectivity and potential value of the asset
Dual Growth Drivers- The Subject Property offers dual value-creation opportunities: optimizing market-rate rentals through targeted capital improvements, and leveraging unutilized FSI for potential expansion, both driving substantial value appreciation