Reserve Bank of India (RBI) purchased a 4.16-acre land parcel at Mumbai's Nariman Point for ₹3,472 crore, HT reported. RBI paid a ₹20.83-crore stamp duty and ₹30,000 registration fee for the transaction with Mumbai Metro Rail Corporation Limited (MMRCL). MMRCL had pegged the plot's price at ₹5,173 crore and had floated bids before RBI expressed interest in buying it.