Brookfield Asset Management Inc. (TSX:BAM.A) acquired IL&FS' HQ at BKC for INR 11 Billion on March 17, 2022. Building is mortgaged with HDFC for loan outstanding of INR 4 billion and the sale proceeds will be used to pay off those debts.

Brookfield Asset Management Inc. (TSX:BAM.A) completed the acquisition of IL&FS' HQ at BKC on March 17, 2022. RBSA Advisory Pvt. Ltd. acted as Financial advisor to IL&FS, parent of IL&FS Transportation Networks Limited.