Bombay Dyeing & Manufacturing Company has appointed Rohit Santosh as Chief Executive Officer of its property arm, Bombay Realty, signaling a strategic push to strengthen its real estate operations and accelerate project development.

Japan’s Sumitomo Corporation Group has made a major move in Mumbai’s real estate market by acquiring a nearly 2-acre prime land parcel in Worli from the Wadia Group’s Bombay Dyeing & Manufacturing Company for ₹440 crore. This deal further solidifies Sumitomo’s presence Indian real estate.

The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr