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    <title>MMRDA gets Rs 3,840 cr from auction of three prime BKC plots</title>
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    <description>The Mumbai Metropolitan Region Development Authority conducted a public auction to grant long-term leases of three prime commercial plots in Bandra-Kurla Complex for 80 years. Highest bids exceeded published reserve prices and leases were awarded to the top bidders, with premiums expressed as percentages over reserve and as rates per square metre of built-up area, reflecting competitive demand for commercial development rights.</description>
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