BNP Paribas has leased a prime office space in Mumbai's Bandra Kurla Complex (BKC) at a notable monthly rental of ₹811 per square foot, marking one of the country's most significant commercial property deals.

MHADA is linking lease rents to Ready Reckoner rates, impacting tenants in Mumbai's MHADA colonies. Lease rent revisions, commercial hikes, and policy updates will reshape housing costs. Stay informed about the latest changes and their impact.

Corporate India is experiencing an unprecedented surge in pre-leasing activity for premium carbon-neutral office spaces as demand significantly outpaces supply. 2024 has already seen a record 89 million square feet leased across India's top eight cities.

Build-to-suit construction lets businesses create custom spaces tailored to their needs - no compromises, just efficiency. Learn how BTS works, its benefits, costs, and why it’s a smart real estate strategy.

The Maharashtra government is unlocking 3,360 acres of MSRTC land for commercial and residential development, creating new real estate opportunities across the state.

HDFC Bank has secured 2.72 lakh sq. ft. in Andheri East for an annual rent of ₹77 crore, reinforcing Mumbai’s commercial real estate growth. The 10-year lease in R Square by Runwal Realty includes a 15% rent hike every 3 years and ₹116 crore security deposit.

ICICI Bank has signed a 9-year lease for 130,000 sq ft of prime office space in Navi Mumbai’s Turbhe locality in commercial tower owned by Arihant Paradise Realty.

WeWork India has leased 126,000 square feet in Andheri East, replacing its Powai space, as part of its strategic coworking expansion in Mumbai.

Morningstar, a leading American financial firm, has leased 300,000 sq ft at Vishwaroop IT Park, Vashi, for ₹38 crore annually with a 5% yearly hike. The 10-year deal, totaling ₹450 crore, highlights Navi Mumbai's rise as a commercial and IT hub, driven by its strong infrastructure and connectivity.

Over 350 million square feet of developed commercial office space will propel India's SM REITs market to $60 billion by 2026. This regulation increases openness, investor protection, and engagement. Union Budget tax revisions and SEBI framework boost real estate securitisation.

Deloitte India has secured over 81,000 sq ft of luxury office space on two floors of the Oberoi Commerz III skyscraper in Goregaon, Mumbai's busy western district. This strategic move is part of the company's long-term expansion strategy, with a five-year lease beginning November 1, 2024.

Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.

First Bank Leases Goregaon Premium Office Space Mumbai: IDFC First Bank has leased an office space at Göegaon's Oberoi Commerz III tower spread across 4 floors. Under the five-year leasing arrangement, the bank would pay ₹170 crore in rent.