and have good track record, he said, adding that these properties are generally iconic ones. "We expect to see such deals happening in the near future as well."
The trend is not just in south Mumbai but happening even in the suburbs like Powai or even in Thane, where sellers want to monetise the non-core/non-productive assets, said PwC Executive Director Shashank Jain.
According to a CB Richard Ellis report, the quarter saw only about 0.1 million sqft being sold in Bandra-Kurla Complex against 0.16 million sq ft in the June quarter.
In the September quarter, the city saw a steep 50 per cent sequential fall in large commercial space leasing. In the March quarter, the fall was steeper at 62 per cent, according industry data.