The MBD Complex in Ludhiana is a high-quality, Grade-A urban consumption centre acquired by Nexus Select Trust for a total enterprise value of ₹531 crore, including ₹490 crore purchase consideration and associated costs. The property spans around 0.3 million sq ft and integrates a nearly fully leased shopping mall and a 96-key Radisson hotel, making it a key retail-cum-hospitality asset in North India. With about 95% occupancy and a diversified mix of domestic and international brands, this acquisition reinforces Nexus Select Trust’s portfolio expansion in strong consumption-driven markets and supports its long-term growth strategy.