After operating out of Ramon House since 1977, Housing Development Finance Corporation finally decided to buy an office of its own. Chairman Deepak Parekh had always considered Ramon House to be lucky.
At the beginning of 2013 no one could have imagined the year would end with new owners at two of Mumbai‘s biggest landmarks. However, that's what happens in an economic slowdown- prime properties change hands.
The 25-storey Express Towers in Nariman Point, a business district, is 49 percent owned by ICICI Ventures, the private equity arm of ICICI Bank, India's biggest private sector lender.