NSE New Headquarters in BKC: Design by Hafeez Contractor

The exchange has revealed the architecture of its proposed office building in Bandra Kurla Complex, as construction prepares to begin on a 10,995 sq m plot leased for 80 years.

The National Stock Exchange of India (NSE) has unveiled the architectural design of its new headquarters in Mumbai’s Bandra Kurla Complex (BKC). The building has been designed by architect Hafeez Contractor. It is meant to be more than a corporate office: the exchange is presenting it as a statement of ambition and of India’s growing place in global financial markets.

Where the Building Will Come Up

The headquarters will rise on plots C-81 and C-82 in G Block of BKC. The land covers roughly 10,995 square metres and was allotted by the Mumbai Metropolitan Region Development Authority (MMRDA) on an 80-year lease.

G Block is part of BKC, planned as the International Finance and Business Centre, created to add new office space to the district. BKC is already one of the city’s main financial and corporate addresses, with banks, regulators, corporate offices and global brands, and several hundred thousand people working there. NSE’s new building will sit within this next phase of the district’s growth.

The Unveiling and Bhoomi Pujan

The design was revealed at a bhoomi pujan ceremony on November 4, held at the new land parcel ahead of the start of construction. The ceremony was attended by NSE Chairperson Srinivas Injeti and Managing Director and CEO Ashishkumar Chauhan, along with members of the board and the senior leadership team.

In its statement, NSE said the new development will support the exchange’s long-term growth and expansion. Details such as the building’s height, built-up area, cost, and completion timeline were not part of the announcement.

The Architect Behind the Design

Hafeez Contractor is one of India’s best-known architects and the founder of Architect Hafeez Contractor, one of the country’s largest architectural practices. His portfolio covers residential towers, commercial buildings and public projects across India, including The 42 in Kolkata, which topped out at 260 metres. His selection for the NSE project adds a high-profile name to what the exchange hopes will become a landmark in the skyline.

Timing: A Strong Quarter Behind the Announcement

The announcement comes days after NSE reported its Q2 FY27 results, its first quarterly numbers since listing. Consolidated net profit rose 23 per cent year-on-year to Rs 2,578 crore, while total income grew 9 per cent to Rs 4,554 crore. Higher transaction revenue and lower expenses supported the profit growth.

For the first half of FY27, net profit rose 13 per cent to Rs 5,698 crore. It should be noted that last year’s second-quarter profit was reduced by a one-time SEBI settlement provision, so the underlying growth is smaller than the headline figure. Revenue from operations, which is less affected by one-off items, rose about 10.6 per cent to Rs 4,067 crore.

Why the New Headquarters Matters

NSE has grown into one of the world’s largest exchanges by trading volumes, and its public listing has put its finances under closer watch. A purpose-built headquarters under a long lease gives the exchange room to expand its teams and technology operations for the long term. For Mumbai, it adds a major institutional building to BKC at a time when the city is trying to strengthen its position as a global financial centre.

What to Watch Next

With the design unveiled and the groundbreaking done, the next milestones are the start of construction and approvals, followed by details on the building’s scale, timeline, and investment. Those announcements will show how large and how soon the new headquarters will become part of Mumbai’s skyline.