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BNP Paribas Secures Premium Office Space in BKC, Mumbai at INR 811 per Sq Ft

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.

By Admin

  • 8th Mar 2025
  • 1156 Views
MHADA Aligns Lease Rents with Ready Reckoner Rates: A Paradigm Shift in Mumbai's Housing Sector

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.

By Admin

  • 5th Mar 2025
  • 1171 Views
HDFC Bank Seals Landmark Lease in Andheri East - 2.72 Lakh Sq Ft at INR 77 Crore Annually

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.

By Admin

  • 31st Jan 2025
  • 1208 Views
ICICI Bank Signs Landmark 9-Year Lease for 130,000 sq ft in Navi Mumbai

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.

By Admin

  • 9th Jan 2025
  • 1260 Views
WeWork India Expands Footprint with Major Office Lease in Andheri East, Mumbai

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

By Admin

  • 1st Jan 2025
  • 1243 Views
HUL Secures Massive 6 Lakh Sq Ft Warehousing Facility Near Mumbai for 7 Years

Hindustan Unilever (HUL), a major consumer products company, leased a 600,000-square-foot warehouse in Bhiwandi, near Mumbai. The Mumbai Metropolitan Region (MMR)'s biggest warehouse transaction in recent years is this 7-year arrangement.

By Admin

  • 24th Oct 2024
  • 1288 Views
Deloitte India Leases 81000 Sq Ft in Oberoi Commerz 3 at Goregaon East at INR 2 Crore Monthly Lease

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.

By Admin

  • 8th Sep 2024
  • 1407 Views
IDFC First Bank Leases Prime Office Space in Oberoi Commerz III, Goregaon East, Mumbai

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.

By Admin

  • 7th Aug 2024
  • 1366 Views
French Pharma Sanofi India to Sell Headquarters in Mumbai, Powai

Sanofi, the Indian arm of the French pharmaceutical giant, is set to divest its Headquarters in Mumbai , a standalone building in the posh Powai locality. This building, spanning over 150,000 sq ft, currently houses the company’s country headquarters.

By Admin

  • 20th Jul 2024
  • 1343 Views
High Court Rules State Entitled to Reasonable Return on Leased Land

The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.

By Admin

  • 14th Jul 2024
  • 1288 Views
Bollywood Icon Amitabh Bachchan Rents Premier Office Space in Oshiwara, Mumbai to Warner Music India For Over INR 2 Crore Annually

According to Mumbai real estate insiders, Amitabh Bachchan, a worldwide icon and Indian cinema giant, has leased four commercial apartments in Oshiwara.

By Admin

  • 31st Dec 2023
  • 1376 Views
Maker Maxity Rental Deal Renewal of Toronto Dominion Bank Confirms BKC as India's Costliest CBD

Mumbai's office property market has set a new Indian lease rental record. The Toronto-Dominion (TD) Bank extended its India headquarters lease at Maker Maxity in the Bandra-Kurla Complex (BKC) for an astounding Rs 604 per sq ft per month.

By Kinjal

  • 11th Dec 2023
  • 1490 Views
Covie and Ashray Developers Join Hands to Create 400 More Co-living Beds in BKC

Covie and Ashray Developers' exclusive project 'Jaswanti Bliss, Off BKC' will offer 400 co-living beds to BKC. This JLL-facilitated relationship boosts Covie's position in Mumbai's dynamic market. The unusual arrangement leases the whole inventory, including 94 contemporary 2 BHK homes over two wing

By Admin

  • 19th Nov 2023
  • 1307 Views
Netflix Extends a Monthly Rental Agreement For Commercial Space in Godrej BKC, Mumbai

Netflix Entertainment Services India LLP extended its lease for a 1.37 lakh square foot (sq ft) commercial premises in Godrej BKC, Mumbai's most expensive commercial business sector, according to IGR portal documents.

By Admin

  • 5th Nov 2023
  • 1385 Views
LinkedIn Secures Prime Office Space in Maker Maxity, BKC, Mumbai for a Monthly Rent of INR 1 Crore

LinkedIn Technology Information Private Limited (LTIPL) has strategically rented 17,794 sqft of premier office space at Maker Maxity, in Bandra Kurla Complex in Mumbai.

By Admin

  • 29th Sep 2023
  • 1425 Views
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