Logitech Electronics India has leased premium office space at Trade Centre, Bandra Kurla Complex, in a transaction valued at ₹4 crore. The five-year lease highlights BKC’s continued appeal among global occupiers. Strong connectivity, high-quality assets, and a robust tenant ecosystem are sustaining momentum in Mumbai’s commercial real estate market.
Logitech Electronics India has signed a commercial office lease valued at approximately ₹4 crore at the Trade Centre in Bandra Kurla Complex, marking its entry into one of Mumbai’s most prominent business districts. The transaction reflects the continued preference of global occupiers for Grade A office assets in central business locations that offer visibility, connectivity, and operational efficiency.
The company leased Unit No. 407 on the fourth floor of the building, with a carpet area of around 2,010 sq. ft. The agreement establishes a five-year lock-in period, a 5 per cent annual rent escalation, and a monthly rental of ₹6.03 lakh. Logitech Electronics India paid a security deposit of ₹ 81 lakh, demonstrating its long-term commitment to the location.
Trade Centre Strengthens Its Tenant Profile
Wadhwa Developers built Trade Centre, one of the better-known commercial properties in BKC, and designed its glass-clad façade, modern look, and double-level basement parking. The building offers premium-grade amenities and has attracted a diverse mix of occupiers from financial services, consulting, advisory, and global business services.
Existing tenants at the property include GIA, VFS Global UK Visa Office, Dezerv, TCG Capital Advisor, Indusion, SMIF Capital, and Banyan Tree Finance. Industry experts note that such established tenant profiles enhance the building’s appeal to multinational firms seeking stable, institutional-grade office environments.
Advisory-Led Deal Highlights Market Confidence
Narains Corporate, in partnership with Volney, a real estate advisory and investor network founded by Rohan Sheth, facilitated the transaction. Volney has advised on several high-profile commercial deals in Mumbai, including SpaceX-Starlink’s office lease at Kanakia Boomerang in Chandivali and Saif Ali Khan’s commercial purchase at Kanakia Wallstreet in Andheri East.
Rohan Sheth said, “Bandra Kurla Complex sets the benchmark as Mumbai’s premier commercial destination, attracting global and domestic brands with its accessibility and vibrant ecosystem.” Market participants view such deals as signs of sustained confidence in Mumbai’s top office micro-markets.
BKC Remains Mumbai’s Most Coveted Office Hub
Bandra Kurla Complex commands strong occupier interest due to its strategic location, seamless access to major highways, rail networks, and proximity to both domestic and international airports. Over time, BKC has grown into Mumbai’s main financial and corporate hub, attracting banks, multinational corporations, technology firms, and professional services companies.
Despite market changes, rental stability and low vacancy rates have enabled BKC to retain its top-tier status. The district has also attracted increasing interest from flexible workspace operators targeting enterprise clients seeking scalable, well-situated offices.
Mumbai Office Market Shows Resilience
Mumbai’s commercial real estate sector has stayed resilient, supported by steady leasing and continued interest from global brands. Recent deals involving SpaceX-Starlink, Saif Ali Khan, and now Logitech Electronics India show the city’s lasting appeal as India’s financial and corporate capital.
As occupiers value quality, accessibility, and long-term benefits, premium business districts such as BKC are expected to remain central to enterprise leasing, reinforcing Mumbai’s place in the national office market.
