Corporate Leasing

Apple Inc.'s newest location in Bengaluru, India's innovation hub, has greatly increased its footprint in the nation. This shows the U.S. company's increasing commitment to India, the second-largest smartphone market, and its diversification outside China.

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

Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.

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.

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.

Maruti Suzuki, the largest automobile manufacturer in India, has leased 270,000 square feet of Tag Avenue in Gurgaon

SMFG India Credit Ltd., an affiliate of Sumitomo Mitsui Financial Group (SMFG), and Fullerton Financial Holdings (FFH), an established NBFC, have signed a major leasing agreement with Embassy Office Parks REIT.

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.

Amazon Data Services India buys a four-acre plot in Mumbai's lucrative Powai district. Larsen & Toubro's 18-year lease is the basis of this transaction.

Salman Khan Leases Out Prime Commercial Space in Santacruz, Mumbai

The foremost financial institution in India, HDFC Bank, has recently established its presence in the swiftly developing region of Navi Mumbai by acquiring 2 lakh square feet of premium property.

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.

Axis Asset Management Company, the mutual fund investment unit of Axis Bank, has leased two floors of One Lodha Place, a Macrotech Developers-built commercial skyscraper in Lower Parel.

Hinduja Realty Ventures, the property arm of the Hinduja Group, has leased office space from Tata Communications Limited in Mumbai's Bandra Kurla Complex (BKC).

After a cautious first quarter, India's top six cities' office space absorption rose 2 percent to 14.6 million square feet in the second quarter of 2023, up from 14.3 msf in 2022.