Transforming Mumbai: RMZ and CPPIB Join Forces to Build a State-of-the-Art Office Hub on Iconic Bollywood Studio Grounds

In a groundbreaking venture, Bengaluru-based real estate giant RMZ Corp and the Canada Pension Plan Investment Board (CPPIB) have committed a staggering $750 million to redefine Mumbai's commercial skyline. Their ambitious project, RMZ Nexus, is set to rise on the iconic grounds of Kamal Amrohi Studio, nestled along the Jogeshwari-Vikhroli Link Road.

This prime location bridges the western and eastern express highways, making it a strategic hub for connectivity and commerce. Spanning an impressive 10.94 acres, this development symbolizes Mumbai’s transformation into a global business destination.

From Bollywood Legacy to Modern Marvel

Once home to the legendary Kamal Amrohi Studio, this storied site will now house a cutting-edge commercial campus. Set to be completed by 2027, RMZ Nexus will feature six towering structures with a combined built-up area of 3.74 million square feet.

This project reflects a bold vision—a metro-integrated office space seamlessly linking Mumbai’s bustling western and eastern corridors. With direct access to South Mumbai, it offers unmatched convenience and accessibility for businesses.

A New Era in Commercial Real Estate

The office park will redefine corporate culture, combining workspaces with unique lifestyle amenities. Imagine walking into concept retail stores, indulging in gourmet dining options, exploring informal marketplaces, or relaxing at a sky bar after a productive day. Social clubs and wellness zones will create an environment where work-life balance is not just a concept but a reality.

Thirumal Govindraj, CEO of RMZ Office and RMZ NXT, shared his excitement: “RMZ Nexus is a testament to our belief in Mumbai's dynamic future and India's burgeoning economy. This development is more than just a contribution to Mumbai’s skyline; it’s a strategic investment in India's growth trajectory.”

A Booming Real Estate Sector in 2024

The Indian real estate sector has seen remarkable resilience and growth in 2024, with cities like Mumbai, Delhi-NCR, Hyderabad, and Bengaluru leading the demand for prime office spaces. RMZ has already delivered 75 million square feet of premium construction, maintaining an astounding 98% occupancy rate across its properties.

Some of the world’s top enterprises, including UPS Technologies, HSBC Software, and Nielsen IQ, are among RMZ’s 800+ tenants. In a recent milestone, RMZ leased 360,000 square feet of office space to Chevron Global Technology at its Ecoworld 30-series campus in Bengaluru.

An Investment in India’s Future

RMZ Nexus isn’t just about creating a world-class office park; it’s about investing in the future of Mumbai and contributing to India’s economic ascendance. This vision is aligned with the country’s rapid urban growth and the rising demand for sustainable and innovative commercial spaces.

As Mumbai prepares to welcome this transformative project, RMZ and CPPIB stand at the forefront, pioneering a new chapter in India’s real estate journey.