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HDFC Bank is reportedly planning to acquire nearly 1.3 lakh sq ft of commercial space in Peninsula Business Park at Lower Parel in central Mumbai.
The bank is paying around Rs 17,000 per sq ft totaling nearly Rs 2.20bn for acquiring the office space in Peninsula Business Park's 20-storey tower-B owned by Alok Realtors, says report.
There are reports that the bank will use the office space to expand its operations and will also shift some of its current operations from other offices.
India Infoline News Service / 08:59, Sep 15, 2014
Many a times parents overlook other goals as they are too busy focusing on just one goal, that is on their child's education. They are too emotionally involved in achieving this particular goal that they forget planning for their retirement and saving for other emergencies.