NCC Ltd has acquired an office at Kanakia Wallstreet, Andheri, for ₹ 18.5 crore, spanning 3,318 sq. ft. of carpet area and featuring three parking bays. Brokered by Volney, the deal follows high-profile purchases by Starlink and Saif Ali Khan, underscoring sustained demand for premium Mumbai offices and confidence in the city’s commercial growth story.
NCC Ltd (Nagarjuna Construction Company Limited), one of India’s leading infrastructure conglomerates, has expanded its footprint in Mumbai by purchasing a prime office at Kanakia Wallstreet, Andheri, for ₹18.5 crore. The deal adds a marquee Mumbai address to NCC’s portfolio at a time when infrastructure-led players are increasingly seeking long-term bases in financial and business hubs.
The transaction was facilitated by Volney, a real estate advisory and investor network founded by Rohan Sheth. It comes on the heels of other high-profile transactions in the same complex, including acquisitions by actor Saif Ali Khan and global tech player Starlink. Volney has also been behind several marquee deals across the city, notably SpaceX–Starlink’s office leasing at Kanakia Boomerang in Chandivali.
Inside the Deal: Prime Space, Strong Connectivity
NCC’s new office is housed in Unit 903, A Wing, with a carpet area of 3,318 sq. ft. and a saleable area of 5,641 sq. ft., backed by three dedicated parking bays. The space was previously owned by US-based Apicore Pharmaceuticals and is understood to have been bought for potential self-use, signalling NCC’s long-term confidence in Mumbai’s commercial real estate market rather than a purely financial investment bet.
Located on the busy Andheri–Kurla Road, Kanakia Wallstreet is positioned as a modern corporate hub with advanced infrastructure, triple-level basement parking, fitness and recreation zones, and strong last-mile connectivity. The asset enjoys proximity to the metro, Western Express Highway and Mumbai Airport, factors that continue to attract both occupiers and investors. Existing tenants include well-known names such as Aditya Infotech, Care Rating, Share India, IDFC First and AMBIT.
Volney’s Role and the Rise of Kanakia Wallstreet
Commenting on the transaction, Rohan Sheth, Founder of Volney, said, “The acquisition of this office space by NCC Ltd reinforces the continued demand for premium commercial real estate in Mumbai. Kanakia Wallstreet has emerged as one of the most dynamic corporate hubs in the city, attracting investors and enterprises that value both quality infrastructure and strategic location.”
The clustering of marquee buyers within the same complex is building a strong signalling effect. With Starlink, Saif Ali Khan, and now NCC Ltd choosing Kanakia Wallstreet, the development is increasingly seen as a preferred address for organisations that want high-spec infrastructure, brand-compatible neighbours and strong long-term capital appreciation prospects.
What This Means for Mumbai’s Commercial Property Market
NCC’s acquisition adds to a string of headline deals that reaffirm Mumbai’s status as one of India’s most resilient and opportunity-rich commercial markets. Even amid cyclical fluctuations, investor appetite for well-located, high-quality office stock remains strong.
For the broader office ecosystem, such transactions highlight the continuing shift toward institutional-grade assets with strong connectivity, future-ready amenities and diversified occupier profiles. As infrastructure, tech and financial players consolidate operations in hubs like Andheri–Kurla Road, the micro-market’s appeal only deepens.
Taken together, the recent moves by Starlink, Saif Ali Khan, and NCC Ltd point to a clear trend: premium offices in strategic locations remain in high demand, and Mumbai’s top business corridors remain central to long-term corporate and investor strategies.
