HOABL Infraworld Pvt Ltd, led by developer Abhinandan Lodha, has acquired the iconic American Center in south Mumbai for Rs 56 crore. This project, comprising a Ground + 7 storey structure spanning 1,337.81 square meters, will have a development potential of around 60,000 square feet, the company said in a statement.The property, which was part of the US Consulate General in Mumbai, has been purchased by HOABL Infraworld from the Secretary of State of the United States of America (Representing the Government of The United States of America) for Rs 55.98 crore."Built in 1968, the American Center in Mumbai long served as a cornerstone of US-India relations. Over the years, the property housed key institutions including the American Library, the US-India Educational Foundation, the US Foreign Commercial Service, and the press and cultural affairs offices," said Consulate spokesperson Greg Pardo.

Abhinandan Lodha's firm buys American Center

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