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Nvidia Renews Lease for 375,000 Sq Ft Office in Pune’s Yerwada 0
- Industry News
- October 1, 2024
Nvidia has renewed its 10-year lease for 375,000 sq ft of office space in Pune’s Yerwada at Commerzone Tower. The deal includes a 5% annual rent escalation. This renewal underscores Nvidia’s commitment to India’s growing tech landscape, focusing on AI, GPUs, and cloud computing innovations.
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Nippon Life India Invests ₹486 Crore in Premium Mumbai Commercial Space 0
- Industry News
- December 4, 2024
Nippon Life India Asset Management invests ₹486 crore in two premium office spaces at One Lodha Place, Lower Parel, Mumbai. The acquisition reflects Mumbai’s rising demand for Grade-A commercial hubs. Backed by Nippon Life Insurance, NAM India strengthens its presence in India’s financial capital, targeting innovation and excellence in real estate expansion.
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Nielsen Media and Subsidiary Lease 1.52 Lakh Sq Ft Office Space in Mumbai 0
- Industry News
- July 23, 2024
Nielsen Media and subsidiary Whats On India Media Pvt Ltd have leased 1.52 lakh square feet in Commerz III, Oberoi Gardens, Mumbai, for ₹3.87 crore per month over ten years. The deal includes substantial security deposits and premium car parking facilities.
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Nextra Developers’ “The Address” to Revolutionize East Delhi’s Commercial Real Estate 0
- Industry News
- October 28, 2024
Nextra Developers’ “The Address” in Mayur Vihar Phase 1, New Delhi, offers modern office and retail spaces focusing on sustainability. With prime connectivity, eco-friendly features, and luxury amenities, it’s designed to attract businesses and investors seeking a dynamic commercial hub with long-term growth potential in East Delhi.
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Net Office Leasing in India Set to Grow by 10-12% in FY25: Report 0
- Industry News
- September 10, 2024
Net office leasing in India is projected to grow 10-12% to 41-43 million sq ft in FY25, driven by strong demand from GCCs, BFSI, and manufacturing sectors. Vacancy rates are stabilising, and GCCs are expected to account for 40-45% of total net leasing, signalling continued growth in commercial real estate.
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NatWest Group Expands in Bengaluru with 3.7 Lakh Sq. Ft. Office Lease 0
- Industry News
- August 30, 2024
NatWest Group has leased 3.7 lakh sq. ft. in Bengaluru’s Bagmane Constellation Business Park to expand its engineering workforce, which will be operational by April 2025. This move highlights Bengaluru’s appeal to MNCs, though Chennai is emerging as a strong competitor in the office space market due to lower rental rates.
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