The National Stock Exchange (NSE) has finalized a lease for over 1 lakh sq ft of prime land in the Bandra Kurla Complex (BKC), Mumbai, at a total cost of ₹1,684 crore for 80 years. The lease involves two plots, C-81 and C-82, acquired from the Mumbai Metropolitan Region Development Authority (MMRDA), which oversees planning in the area. The plots, measuring 10,995 sq m (approximately 1.1 lakh sq ft), will allow for a maximum built-up area of around 43,980 sq m (nearly 4.7 lakh sq ft). The transaction was executed at a rate of approximately ₹3.87 lakh per sq m. This strategic move is aimed at expanding NSE's operational capacity, as the exchange plans to convert its existing headquarters into a large data center. Following NSE's lead, the Bombay Stock Exchange (BSE) is also exploring options for land in BKC to enhance its operations. BKC is recognized as a central business district in Mumbai, hosting numerous Fortune 500 companies and key financial institutions.