|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
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|Hyderabad||Rs. 24140.00 (1.17%)|
Ottawa: Canada has sold a large embassy building in London's luxury Mayfair district to Indian developer Lodha Dwellers Pvt for $530 million (or around Rs. 3,300 crore at 62 rupee per US dollar), the Canadian foreign ministry said on Thursday.
Canada wanted to dispose of the large six-storey building in Grosvenor Square because it plans to consolidate all diplomatic activities in another official Canadian property on Trafalgar Square. Canada was advised by Savills PLC.
Foreign embassies are abandoning London's premier addresses such as Mayfair and Kensington as the world of diplomacy changes in the face of security risks and new technology.