Demonetisation has not slowed down the commercial property market, at least in Bandra-Kurla Complex (BKC). Consider this fact: In the past one month, several office lease transactions have been concluded in the business district. Most of these deals have taken place in Maker Maxity, the 18-acre office complex which is a joint venture between Mukesh Ambani and Maker Group.
Apple, the American technology giant, will shift its offices to Maker Maxity complex in BKC; it recently concluded a lease deal for 12,000-square-foot space on two floors of the complex.
Read more: Economic Times