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AZB abandons beloved Express Towers home for ‘spectacular’ new Parel office (will last firm in SoBo please turn off the lights?)

AZB & Partners Mumbai headquarters will be moving from its South-Mumbai Express Towers base into Lower Parel by next year.

The firm will move into a standalone building of around 40,000 square feet in Lower Parel’s Peninsula Corporate Park.

What will be called AZB House, is expected to be complete by April.

“We intend for it to be spectacular,” said managing partner Zia Mody.

Commenting on the old Express Towers office, she said: “We love the place, we love the view, we love the location but the reality is that the city has moved in that sense. A lot of clients and intermediaries and banks are now in the middle area – the Parel area and BKC [Bandra Kurla Complex] - and therefore we don't mind going to them, but we feel it is becoming more of an effort for them to come to us.

“It’s not so much, not loving where we are, which we do, but really an opportunity that we probably need to be more in that space and that area than this.”

The litigation team would remain near the Bombay high court in South Mumbai, explained Mody. “Litigation we will have new space in town but we also have space for them to be part of the main office as well because we don’t want it to be an isolated set up.”

Though most have litigation chambers in South Mumbai, after AZB, the only Big Six national firm with its main office in South Mumbai will be J Sagar Associates (JSA).

Amarchand Mangaldas was the first to set up shop in the Peninsula Corporate Park, with Khaitan & Co paving the way for nearby Indiabulls in 2009, followed by Trilegal the same year, S&R Associates in 2010, and Luthra & Luthra in 2011.

Law firms, such as AZB and ALMT Legal, have been scrabbling for floor space in Express Towers for years as they expanded, with DSK having moved out to Indiabulls in 2010.

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