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Shining realty
ECONOMY & POLICY

Shining realty

The recent Rs 985 crore deal between a consortium lead by Purnendu Chatterjee, Chairman, The Chatterjee Group and the US banking giant, Citigroup, seems to scoff at all the slowdown talk. In this deal 鈥� touted to be the biggest commercial property deal yet 鈥� Citi bought six floors of office space in Mumbai's Bandra Kurla Complex to house its India headquarters. Two Citigroup entities 鈥� Citibank NA and Citigroup Global Markets 鈥� have taken up over 297,000 sq ft at First International Finance Centre (FIFC), an upcoming office tower a block away from Citigroup Centre, where the bank's India operations are currently housed. Citi will shift all consumer-centric businesses such as finance, core banking and private banking to FIFC leaving administrative departments, finance, legal and HR with the Citigroup Centre.

The recent Rs 985 crore deal between a consortium lead by Purnendu Chatterjee, Chairman, The Chatterjee Group and the US banking giant, Citigroup, seems to scoff at all the slowdown talk. In this deal 鈥� touted to be the biggest commercial property deal yet 鈥� Citi bought six floors of office space in Mumbai's Bandra Kurla Complex to house its India headquarters. Two Citigroup entities 鈥� Citibank NA and Citigroup Global Markets 鈥� have taken up over 297,000 sq ft at First International Finance Centre (FIFC), an upcoming office tower a block away from Citigroup Centre, where the bank's India operations are currently housed. Citi will shift all consumer-centric businesses such as finance, core banking and private banking to FIFC leaving administrative departments, finance, legal and HR with the Citigroup Centre.

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Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

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