Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
NPCI has leased two floors in Mumbai’s Oberoi Commerz III, Goregaon East, for ₹2.15 crore per month. Spanning 115,332 sq ft, the 60-month lease includes a 15% rental hike after three years. This expansion aligns with NPCI’s strategy to strengthen India’s digital payments infrastructure and operational capabilities.
READ MORETata Investment Corporation has acquired 43,000 sq ft of office space across two floors in Mumbai’s Wadala for INR 150 crore. The purchase in Lodha Excelus at New Cuffe Parade includes 63 parking slots. This move signals Tata’s strategic expansion amid rising demand for outright office ownership in India.
READ MOREApple India has set a new record with its ₹738 per sq ft lease for 6,526 sq ft of office space in Mumbai’s BKC. The five-year deal, valued at ₹48.19 lacks per month, underscores the growing demand for premium commercial space in India’s top business hubs.
READ MOREMumbai’s office leasing reached 12.1 million sq ft in 2024, driven by BFSI, technology, and flexible space sectors. National leasing hit a record 79 million sq ft, with sustainability gaining traction as green-certified spaces accounted for 56% of activity. Mumbai remains a key player in India’s evolving commercial real estate market.
READ MOREICICI 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.
READ MOREBollywood heartthrob Kartik Aaryan, fresh off a successful 2024 with hits like Chandu Champion and Bhool Bhulaiyaa 3, has kicked off 2025 by making notable additions to his real estate portfolio. The actor has acquired two properties in Mumbai’s bustling Andheri locality—a high-end apartment and a commercial space spanning over 2,000 square feet.
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