India, April 7 -- Land deals worth nearly Rs.5,000 crore have been reported in Bandra Kurla Complex (BKC), Mumbai's most expensive commercial district.

Given Mumbai's limited land availability, vacant land deals are a rarity in the city's financial hub. However, the Mumbai Metropolitan Region Development Authority (MMRDA), the special planning authority (SPA) for BKC, has successfully leased five land parcels from its landbank for a term of 80 years, generating close to Rs.5,000 crore in revenue.

Here's a look at four land transactions reported in BKC last week.

Japan's Sumitomo's Goisu Realty Pvt Ltd won bids to purchase two land parcels measuring over 13,167 sq meters for around Rs.2,538 crore. According to MMRDA, the authority will ...