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How Are Flexible Lease Terms Driving a Surge in Office Space Renewals Across India?

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.

By Admin

  • 3rd Sep 2024
  • 1199 Views
Microsoft Secures Prime Land in Hyderabad for Rs 267 Crore to Establish Major Data Centre

Microsoft Corporation purchased a 48-acre land tract in Ranga Reddy, Hyderabad, for Rs 267 crore to expand its data centre footprint. The Sai Balaji Developers-facilitated, Propstack-documented purchase is a major regional investment.

By Admin

  • 7th May 2024
  • 1361 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
  • 1326 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
  • 1348 Views
Wells Fargo International Solutions Renews Lease For 3,70,000 sq ft of Office Space in Divyasree Orion in Hyderabad

According to records acquired by Propstack, Wells Fargo International Solutions, a part of the US financial services major Wells Fargo, has extended its lease for more than 3.7 lakh square feet (sq ft) of commercial office space on 10 floors in Hyderabad for five years.

By Admin

  • 22nd Jul 2023
  • 1791 Views
Apple India Renewal of 52000 sq ft Flexible Office Space at Safina Towers, Vasanth Nagar is Good News For Bangalore Real Estate

Apple India renewed its 52,000-square-foot contract with The Executive Centre, a flexible office operator. In July 2022, Propstack extended the leasing arrangement for 36 months with a 16-month lock-in.

By Admin

  • 28th Dec 2022
  • 1776 Views
Real Estate Company Aparna Constructions Buys 4 Lakh Square Feet Plus Commercial Office Space in Hyderabad From ENN ENN Corp Limited

In one of the largest commercial deals in recent times, real estate firm Aparna Constructions has bought office buildings spread across 4.3 lakh sq ft for Rs 247.5 crore in Hyderabad, documents accessed by Propstack showed.

By Admin

  • 15th Oct 2021
  • 2058 Views
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