11/10/2025
The State Bank of India (SBI) plans to buy 200 ready-to-move-in 2BHK apartments across various locations in the Mumbai Metropolitan Region (MMR) for its employees, in a bulk deal valued at around ₹294 crore, excluding applicable taxes.
According to bids floated on October 7, SBI has invited developers to offer units in select areas, including the central suburbs between Sion and Ghatkopar, the western suburbs between Andheri and Borivali, the Thane–Kalyan region, and the Navi Mumbai corridor from Kharghar to Panvel.