MMRDA allots 2.1-acre land in Mumbai’s BKC to Schloss Bangalore for Rs 1,302 cr

Schloss Bangalore, backed by Brookfield Asset Management, has secured a 2.1-acre land parcel in Mumbai's BKC for Rs 1,302 crore. The company plans a mixed-use project, featuring a 250-key luxury hotel, with a total built-up area of over 3.62 lakh sq ft. Schloss Bangalore aims to expand its presence by adding seven more hotels by 2028.