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Home / BUSINESS / Siemens transfers and assigns leasehold interest in Worli property for Rs 610 crore

Siemens transfers and assigns leasehold interest in Worli property for Rs 610 crore

Siemens has transferred and assigned its leasehold interest in the property located at Pandurang Budhkar Marg, Worli, Mumbai in state of Maharashtra to Whispering Heights Real Estate, a joint venture entity of Reco Solis (an affiliate of GIC, Singapore) and the K. Raheja Corp Group, for a total consideration of Rs 610 crore.

Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.

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