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flag Schloss Bangalore won a ₹1,302 crore lease for a Mumbai plot to build a luxury hotel and mixed-use project.

flag Schloss Bangalore, the parent company of The Leela Hotels, won the lease for a commercial plot in Mumbai's Bandra Kurla Complex (BKC) for ₹1,302 crore. flag They plan to develop a mixed-use project including a 250-key luxury hotel on the site. flag The consortium, which includes Brookfield Asset Management, intends to start construction as part of their strategy to expand their presence in the domestic market.

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