India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

ICICI Bank has leased 3,347 sq ft of commercial space at Farena Corporate Park in Pune’s Hadapsar from Farida Pankaj Udhas for nine years. The agreement starts at ₹2.50 lakh per month, includes a 10% rent escalation every three years, and a 105-day rent-free period.
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ICICI Bank leases 1.29 lakh sq ft in Navi Mumbai’s Arihant Aura for ₹9 crore annually, spanning four floors with a nine-year tenure. The deal highlights Turbhe’s rising prominence, which is fueled by infrastructure developments. Part of India’s record-breaking 2024 leasing boom reflects strong demand from BFSI and other key sectors.
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