Mumbai

WeWork India Renews Major Lease in Mumbai 0
- Industry News
- August 3, 2024
WeWork India renews its lease for 1.4 lakh sq ft in Mumbai’s Nesco IT Park at ₹2.25 crore monthly. The five-year deal includes escalating rent rates. This move follows recent expansions in Noida and Bengaluru, highlighting the rising demand for flexible workspaces across India’s major cities.
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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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UK Government Buys ₹101 Crore Office Space in Mumbai 0
- Industry News
- July 22, 2024
The UK government’s Secretary of State for Foreign, Commonwealth, and Development Affairs has purchased 12 office units totalling 14,883 sq ft in Mumbai’s One Lodha Place for ₹101.2 crore. The acquisition, signed by Trade Commissioner Harjinder Singh Kang, signifies strategic diplomatic expansion in India.
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Mumbai’s Office Market Soars with 79% Year-On-Year Growth 0
- Industry News
- July 19, 2024
Mumbai’s office market saw a 79% year-on-year growth in H1 2024, with transactions reaching 5.8 million sq ft and new completions rising by 205%. Average office rents increased by 4%, reflecting strong demand. The residential market also thrived, with a 16% increase in sales and a 4% price rise.
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