In one of the biggest real estate deals since an economic downturn hit the nation, the National Stock Exchange, with its affiliates, is acquiring 56,000 square feet of office space at the 36-acre Kohinoor City project not far from NSE’s headquarters in the Bandra Kurla Complex at Mumbai’s Kurla area, for about Rs 80 crore.

While NSE has already acquired 28,000 sq ft space for Rs 40 crore, its group companies would purchase the rest shortly. 'The competition to win this client was stiff. The location of our project was the main reason why NSE opted for us,' said Atul Modak, project head, Kohinoor City.

Hindustan Times