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Mumbai Property Deals: Dawoodi Bohra trust buys historic Killick House in for INR 72 crore

#Builders & Projects#India#Maharashtra#Mumbai City
Last Updated : 6th May, 2025
Synopsis

Dawat-e-Hadiyah, the Dawoodi Bohra community's administrative arm, has acquired Killick House, a Grade 1 heritage structure in Mumbai's Fort area, for over INR 72 crore. Spread across 27,577 sq ft, the property-once headquarters of Killick Nixon Ltd-was purchased from Nippon Investment and Finance Co. in early 2025 via four agreements. This follows the trust's 2017 purchase of Fort House for INR 300 crore. Situated next to Cathedral School on Hornby Road, Killick House exemplifies colonial-era architecture. The acquisition highlights Dawat-e-Hadiyah's ongoing efforts to safeguard Mumbai's historical landmarks amid rapid urban development, reinforcing community-led heritage conservation in India's financial capital.

In a notable real estate transaction, Dawat-e-Hadiyah, the administrative arm of the Dawoodi Bohra community, has purchased Killick House, a heritage building located in Mumbai's Fort area, for over INR 72 crore. This acquisition underscores the community's ongoing commitment to preserving historical structures within the city.


Killick House, situated on Hornby Road adjacent to the Cathedral School, encompasses a basement, ground floor, and three upper floors, totaling approximately 27,577 square feet of built-up area. The building is classified as a Heritage Grade 1 property by the Heritage Conservation Committee, highlighting its architectural and historical significance.

The property was acquired from Nippon Investment and Finance Company, formerly associated with the Videocon Group. The transaction was executed through four separate agreements, registered between January and March 2025.

Killick House has a rich history, having served as the headquarters for Killick Nixon Ltd, a British-era trading and shipping company established in the 19th century. The building stands as a testament to Mumbai's colonial past and its evolution into a modern metropolis.

This purchase is not Dawat-e-Hadiyah's first foray into acquiring heritage properties. In 2017, the trust bought the iconic Fort House from the Videocon Group for approximately INR 300 crore, further demonstrating its dedication to preserving Mumbai's architectural heritage.

The acquisition of Killick House by a community trust emphasizes the importance of preserving historical structures in rapidly urbanizing cities like Mumbai. Such transactions not only safeguard architectural heritage but also serve as a reminder of the city's rich cultural tapestry.

Dawat-e-Hadiyah's purchase of Killick House reflects a broader trend of community-led initiatives aimed at conserving heritage properties. As Mumbai continues to develop, the preservation of such landmarks ensures that the city's history remains an integral part of its urban landscape.

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