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Real Estate Forum on Breach Candy

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Q: South Mumbai property, Lincoln House at Breach Candy, being finally sold about Rs 100 crore below its initial reserve price of Rs 850 crore.

Latest Answer: The deal came into existence after the US Consulate shifted into its new premises in the Bandra-Kurla Complex, it had put up 2 of its South Mumbai properties Lincoln House and Washington House for sale in June 2011 with a reserve price of Rs 850 crore and Rs 350 crore, respectively.
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