LIC is India's third-biggest landholder. It owns premium assets like Jeevan Bharati Building in Delhi's Connaught Place, LIC building in Kolkata's Chittaranjan Avenue as well as buildings housing the Asiatic Society and Akbarally's in Mumbai, Mint reported. LIC also owns the SBI building in Mussoorie and two buildings that serve as headquarters of prominent media houses in Delhi and Lucknow.